This title reviews and synthesizes the research on economic methods for evaluating regulations that improve air quality, save energy, and reduce climate risks. It also offers perspective on the relevance and limitations of current research for applied benefit-cost analysis.

The author presents a multi-impact economic valuation framework called the Social Cost of Atmospheric Release (SCAR) that extends the Social Cost of Carbon (SCC) used previously for carbon dioxide (CO2) to a broader range of pollutants and impacts. Values consistently incorporate health and...