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Economic Perspectives, 17, 4th, No. 6, November 1993
Cost effective control of urban smog: a report of a conference held at the Federal Reserve Bank of Chicago, June 7-8, 1993
The new environmental mandates set forth in the Clean Air Act Amendments of 1990 (CAAA '90) are expected to cost the nation $20 to $30 billion annually through the end of the decade. These costs will fall particularly hard on Seventh District metropolitan areas such as Chicago, Milwaukee, and Muskegon, Michigan, which are classified as severe nonattainment areas.


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