EBK THE LEGAL ENVIRONMENT OF BUSINESS:
10th Edition
ISBN: 9781337516051
Author: Miller
Publisher: YUZU
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Chapter 25, Problem 2CT
Summary Introduction
Case summary:The Environmental Protection Agency (EPA) developed two rules namely, Phase I and Phase II. Phase I rule provides for the restriction of water inflow to a level equivalent to a level achieved through a closed-cycle recirculating cooling system. Phase II rule applies "national performance standards" to over 500 existing plants. They pleaded that converting these plants to closed-cycle systems will bear more costs and fewer benefits. Various environment organizations were aggrieved by this decision and they challenged phase II rule in US court.
To find:The acceptability of the application of cost-benefit analyses to situations affecting the lives of people.
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