Expected versus Actual Outcomes of Environmental Policies: The Clean Water State Revolving Fund
The Clean Water State Revolving Fund provides funding in each state and Puerto Rico for a wide variety of water quality improvements. This paper looks at data from four states over 2007–2014. Do plants receiving funding reduce their pollutant discharges?
- Under the Clean Water State Revolving Fund, federal loans for state revolving funds subsidize municipal wastewater treatment; local and state authorities must request loans by stating needs in detail.
- Contrary to expectation, it seemed that loans were awarded to plants with prior above-average performance, rather than plants with evident problems.
- The program’s structure permitted comparison of with-and-without and before–after performance of facilities receiving and not receiving loans.
- Facilities receiving loans from 2008 to 2012 generally performed better in 2014 than in 2012, and the rate of improvement was substantially better than the performance of plants not receiving loans.
Working Paper — Feb 28, 2024
Spending and Pricing to Deter Arbitrage
This working paper presents examples of arbitrage deterrence from the pharmaceutical, chemical, and auto industries and uses them to generalize several models of arbitrage deterrence.
Common Resources — Feb 22, 2024
Modeling Deep Decarbonization in the Industrial Sector: Opportunities and Challenges for Modelers and Policymakers
Decarbonizing the industrial sector is a growing priority. To help produce models with high-quality data that inform policy, transparency and dialogue should be fostered among modeling colleagues, policymakers, and the modeling community.
Media Highlight — Nov 10, 2023
E&E News: “White House Overhaul Paves Way for Stricter Regulations”
RFF President and CEO Richard G. Newell comments on the White House's revised method for agencies to weigh regulatory costs and benefits.