During the late 1960's and early 70's a variety of environmental/energy oriented legislation was enacted by the Congress. The most important of these acts, the National Environmental Protection Act (NEPA), required that environmental impact statements be filed when various private and public activities have a potential for impacting man and his environment. (17) Impact statement requirements go beyond the currently practiced cost/benefit analysis, which is often just a production (direct) impact assessment. Heretofore, indirect or second round economic and social effects of consequence affecting other national goals were seldom counted.
Conopask, Jeff V., "Energy, Environment and Incremental Decision Making" (1975). UMR-MEC Conference. 82.
2nd Annual UMR-MEC Conference on Energy (1975: Oct. 7-9, Rolla, MO)
Article - Conference proceedings
Economics of Energy
© 1976 University of Missouri--Rolla, All rights reserved.