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Chicago Fed Letter, No. 73, September 1993
How Regions Can Benefit from Flexible Environmental Compliance
The Clean Air Act Amendments of 1990 set forth strict air quality standards for the nation. In addition, they layout a schedule for meeting these standards and specify costly penalties for any nonattainment areas that fail to meet their designated deadlines.


Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322

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