SACRAMENTO - On Friday, March 14, the Air Resources Board Chairman’s Lecture Series presents, “Estimating the Costs and Benefits of Regulations: Lessons Learned from the Past 30 Years.”

WHO:       Richard D. Morgenstern, Ph.D., Senior Fellow, Resources for the Future

WHEN:     Friday, March 14, 2014, at 12 p.m.

WHERE:  Byron Sher Auditorium, 2nd Floor, Cal/EPA Building, 1001 I Street, Sacramento, CA, 95814

WHAT:      Dr. Morgenstern discusses research on the evaluation of environmental regulations and compares costs and benefits of federal environmental regulations estimated both before and after implementation.

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About Richard D. Morgenstern:
Richard D. Morgenstern, former Senior Economic Counselor to the Undersecretary for Global Affairs at the U.S. Department of State, where he participated in negotiations for the Kyoto Protocol, will discuss lessons learned from the past 30 years when it comes to estimating the costs and benefits of environmental regulations. Federal, state and local environmental laws have achieved significant improvements in public health over the past several decades. These regulations also have resulted in growing scrutiny about the costs and benefits of environmental rules.

His lecture highlights pitfalls that can lead to inaccurate results and proposes a way to conduct retrospective analyses in the future — to ensure that the estimation of regulatory costs is as targeted and focused as the underlying environmental regulations.

For more information on the lecture, click here. The lecture will be webcast, click here to access.