EPA TO DRAFT COST-BENEFIT FRAMEWORK FOR DRINKING WATER RULES

EPA is drafting a broad framework for calculating cost-benefit analyses for drinking water regulations required under the new Safe Drinking Water Act (SDWA). EPA intends to leave the crux of the framework's key principals up to the public through a series of stakeholder forums, marking a precedent for how early the public will participate in such processes. The 1996 SDWA reauthorization bill was one of the first pieces of environmental legislation to mandate cost-benefit studies with each new regulation. Because...