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The Case For Cross‐Media Environmental Policy

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  • LINDA FERNANDEZ

Abstract

Balancing air, water, and land environmental goals can prevent use of harmful substances like methyl tert‐butyl ether (MTBE) in gasoline. This article offers an economic analysis of fuel choices using data from California. The full costs of various fuel blends are measured accounting for all multiple environmental impacts. The cost effectiveness of the product standard for oxygenates in gasoline is also assessed. The numerical results show the nonoxygenated gasoline is most cost effective and meets all environmental quality goals. (JEL Q53, Q58, Q49)

Suggested Citation

  • Linda Fernandez, 2005. "The Case For Cross‐Media Environmental Policy," Contemporary Economic Policy, Western Economic Association International, vol. 23(4), pages 555-567, October.
    • Handle: RePEc:bla:coecpo:v:23:y:2005:i:4:p:555-567
    DOI: 10.1093/cep/byi041
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
    • Q49 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Other

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