Environmental policymaking

Your responses should explicitly reference material provided, and include specific examples to support your arguments. Please use appropriate citations throughout. Let me know if you need more references. Use as much references provided as you want.
Your response to each question should be about 5 pages in length.

Question 1. Environmental policymaking often uses risk assessment and cost-benefit analysis to analyze policy options. These analytic tools often create controversy, with some arguing that they are appropriate techniques to inform decision-making and others arguing that their role should be limited, if used at all. Write an essay evaluating each side of the debate, and then provide an argument about which side is correct. Be sure to address specific dimensions of both risk assessment and cost-benefit analysis in your response.

Question 2. One of the significant challenges for the U.S. Environmental Protection Agency is to determine if and how to address emerging technologies. Nanotechnology is one such technology. Products made with nanomaterials have recently received attention due to the growing prevalence and uncertainty regarding the potential environmental and health risks that they present. See this article for some background. https://truthout.org/articles/tiny-materials-in-countless-products-raise-big-questions-for-environment-and-health/

Write a memo advising the EPA on how it should proceed in determining what further action (if any) should be taken to address the potential risks associated with nanotechnology. In responding to this question, I am not expecting you to conduct research or present a detailed analysis of the possible environmental or public health effects of nanomaterials. Rather, I want you to think about the issues at a conceptual level. Your response should explicitly consider the merits of different policy approaches, weigh these approaches on their potential efficacy and efficiency, and then make a strong argument about which approach the EPA should pursue.

Ackerman and Heinzerling, Priceless is useful source for this paper
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