This week the US EPA chartered Science Advisory Board (SAB) transmitted to the EPA Administrator its report on EPA’s evaluation of Reduced Form Tools (RFT). RFTs can be used to estimate monetized health benefits from changes in air pollutant (in this case, PM2.5) emissions. They are alternatives to using full-form air quality and health benefits models, and the EPA is evaluating using such tools to inform the economic impacts of regulatory actions.
Jay Turner chaired the SAB’s Reduced Form Tools Review Panel.