The Economic Contribution of the California Air Pollution Control Industry |
Thursday, April 30, 2009 |
The purpose of this study is to provide an economic profile of the California Air Pollution Control (APC) Industry. As the California Air Resources Board (ARB) has developed, introduced and maintained air quality standards and regulation over the years, there have been numerous occasions where the regulated community has objected to the institution of such polices on the grounds of a negative economic impact on their businesses and the California economy. ARB and members of the APC and the broader environmental industry have intuitively understood that if, for instance, $2 million is spent on complying with an air regulation, a considerable portion of that $2 million must show up in the economy as positive revenues earned by companies in the business of solving air quality problems. Little economic research has been performed to define, assess and quantify the economic contribution of this APC industry, and few tools exist to estimate the positive economic impact of air quality policy on this important component of the state economy. Therefore the results of this study are expected to provide information for a more balanced assessment of overall economic impacts resulting from air quality regulation and ARB programs. |