91 STAT. 794
PUBLIC LAW 95-95—AUG. 7, 1977 •
Report to congressional committees.
(2) the technological feasibility and the current state of technology for controlling such emissions, and
(3) the status and effect of current and proposed State and local regulations affecting such emissions. (b) W i t h i n one hundred and eighty days after commencing such study and investigation, the A d m i n i s t r a to r shall submit a report of g^gj^ study and investigation, together with recommendations for appropriate legislation, to the Senate Committee on Environment and Public W o r k s and the House Committee on Interstate and Foreign Commerce. STUDY AND REPORT CONCERNING ECONOMIC APPROACHES TO CONTROLLING AIR POLLUTION
42 USC 7401 ^°^'
42 USC 7401 °o*^-
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SEC. 405. (a) The Administrator, in conjunction with the Council of Economic Advisors (hereinafter in this section referred to as 'the Council'), shall undertake a study and assessment of economic measures for the control of air pollution which could— (1) strengthen the effectiveness of existing methods of controlling air pollution, (2) provide incentives to abate air pollution to a greater degree than is required by existing provisions of the Clean Air Act (and regul ations thereunder), and (3) serve as the primary incentive for controlling air pollution problems not addressed by any provision of the Clean Air Act (or any regulation thereunder). (b) The study of measures referred to in paragraph (1) of subsection (a) shall concentrate on (1) identification of air pollution problems for which existing methods of control are not effective because of economic incentives to delay compliance and (2) formulation of economic measures which could be taken with respect to each such air pollution problem which would provide an incentive to comply without interfering with such existing methods of control. (c) The study of measures referred to in paragraph (2) of subsection (a) shall concentrate on (1) identification of air pollution problems for which existing methods of control may not be sufficiently extensive to achieve all desired environmental goals and (2) formulation of economic measures for each such air pollution problem which would provide additional incentives to reduce air pollution without— (A) interfering with the effectiveness of existing methods of control, or (B) creating problems similar to those which prevent alterna, tive regulatory methods from being used to reach such environmental goals. (d) The study of the measures referred to in paragraph (3) of subsection (a) shall concentrate on (1) identification of air pollution problems for which no existing methods of control exist, (2) formulation of economic measures to reduce such pollution, and (3) comparison of the environmental and economic impacts of the economic measures with those of any alternative regulatory methods which can be identified.
(e) In conducting the study under this section, a preliminary screening should be made of the problems referred to in subsections (b)(1), (c)(1), and (d)(1) and economic measures should be formulated under subsections (b)(2), (c)(2), and (d)(2) in the most promising cases, giving special attention to structural and administra-
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