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Environmental Protection Agency (EPA) Definition
The Environmental Protection Agency (EPA) is an agency of the United States federal government whose mission is to protect human and environmental health.
An abatement cost is a cost borne by firms when they are required to remove and/or reduce undesirable nuisances or negative byproducts.
Environmental Impact Statement Definition
An Environmental Impact Statement is a report addressing the potential effects on the environment of a proposed federal government project.
Cash for Clunkers Definition
Cash for Clunkers was a former federal program that gave owners a way to dispose of old vehicles in exchange for more fuel-efficient cars.
The Political Economy Research Institute Definition
The Political Economy Research Institute (PERI) conducts economic research intended to be put into practice to improve quality of life and the environment.
Automakers Score a Win on Fuel-Efficiency Rules
A loophole in fuel efficiency rules incentivizes auto companies to make larger, less-efficient cars.
Environmental Economics Definition
Environmental economics is an area of economics that studies the economic impact of environmental policies.
Gas Guzzler Tax Definition
Gas guzzler tax is a tax added on sales of vehicles that have poor fuel economy.
Oil Pollution Act of 1990
The Oil Pollution Act of 1990 was passed by the U.S. Congress in response to the Exxon Valdez oil spill of 1989.
Government Regulations: Do They Help Businesses?
These rules are in place to protect consumers and help businesses thrive at the same time.