December 18, 2001
EPA-SAB-EEAC-CON-02-002
Honorable Christine Todd Whitman
Administrator
U.S. Environmental Protection Agency
1200 Pennsylvania Avenue, NW
Washington, DC 20460
Subject: Market Incentives: A Science Advisory Board Notification of a
Consultation
Dear Governor Whitman:
The Environmental Economics Advisory Committee (EEAC) of the EPA Science
Advisory Board (SAB) met on November 30, 2001 to conduct a consultation with staff
from the Environmental Protection Agency's National Center for Environmental
Economics on the topic of Market Incentives in Environmental Protection.
The SAB has developed the Consultation as a mechanism to advise the Agency on
technical issues that should be considered in the development of regulations, guidelines, or
technical guidance before the Agency has taken a position. A Consultation is conducted
under the normal requirements of the Federal Advisory Committee Act, which include
advance notice of the public meeting in the Federal Register.
As is our customary practice, there will be no formal report from the SAB as a
result of this Consultation, nor do we expect any formal response from the Agency.
However, the Committee looks forward to a full peer review of the subject matter in a few
months.
Sincerely,
/signed/ /signed/
Dr. William Glaze, Chair Dr. Robert N. Stavins, Chair
EPA Science Advisory Board Environmental Economics Advisory Committee
EPA Science Advisory Board
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U.S. Environmental Protection Agency
EPA Science Advisory Board
Environmental Economics Advisory Committee
CHAIR
Dr. Robert Stavins, Harvard University, Cambridge, MA
Also Member: Executive Committee
SAB MEMBERS
Dr. Dallas Burtraw, Resources for the Future, Washington, DC
Dr. Lawrence Goulder, Stanford University, Stanford, CA
Also Member: Advisory Council on Clean Air Compliance Analysis
Dr. W. Michael Hanemann, University of California, Berkeley, CA
Dr. Gloria Helfand, University of Michigan, Ann Arbor, MI
Dr. Paul Joskow, Massachusetts Institute of Technology, Cambridge, MA
Dr. Catherine Kling, Iowa State University, Ames, IA
Dr. Richard Norgaard, University of California at Berkeley, Berkeley, CA
Dr. Stephen Polasky, University of Minnesota, St. Paul, MN
Dr. Richard Revesz, New York University, New York, NY
Dr. Jason Shogren, University of Wyoming, Laramie, WY
Dr. Hilary Sigman, Rutgers University, New Brunswick, NJ
SCIENCE ADVISORY BOARD STAFF
Mr. Thomas Miller, Designated Federal Officer, US EPA Science Advisory Board,
Washington, DC
Ms. Wanda Fields, Management Assistant, US EPA Science Advisory Board, Washington,
DC
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NOTICE
This report has been written as part of the activities of the EPA Science Advisory
Board, a public advisory group providing extramural scientific information and advice to the
Administrator and other officials of the Environmental Protection Agency. The Board is
structured to provide balanced, expert assessment of scientific matters related to problems
facing the Agency. This report has not been reviewed for approval by the Agency and,
hence, the contents of this report do not necessarily represent the views and policies of the
Environmental Protection Agency, nor of other agencies in the Executive Branch of the
Federal government, nor does mention of trade names or commercial products constitute a
recommendation for use.
Distribution and Availability: This EPA Science Advisory Board report is provided to the
EPA Administrator, senior Agency management, appropriate program staff, interested
members of the public, and is posted on the SAB website (www.epa.gov/sab). Information
on its availability is also provided in the SAB's monthly newsletter (Happenings at the
Science Advisory Board). Additional copies and further information are available from the
SAB Staff [US EPA Science Advisory Board (1400A), 1200 Pennsylvania Avenue, NW,
ii
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Washington, DC 20460-0001; 202-564-4533].
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