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The Globalization of Cost-Benefit Analysis in Environmental Policy$
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Michael A. Livermore and Richard L. Revesz

Print publication date: 2013

Print ISBN-13: 9780199934386

Published to Oxford Scholarship Online: May 2013

DOI: 10.1093/acprof:oso/9780199934386.001.0001

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Environmental Fuel Quality Improvements in Mexico

Environmental Fuel Quality Improvements in Mexico

A Case Study of the Role of Cost-Benefit Analysis in the Decision-Making Process

(p.161) 10 Environmental Fuel Quality Improvements in Mexico
The Globalization of Cost-Benefit Analysis in Environmental Policy

Leonora Rojas-Bracho

Verónica Garibay-Bravo

Gretchen A. Stevens

Georgina Echániz-Pellicer

Oxford University Press

The achievement of any policy goal is bound to confront the problem of conflicting interests, from actors both within and without government. This chapter describes the process that was undertaken and the challenges faced by the Mexican Ministry of Environment and Natural Resources in carrying out and obtaining approval of its cost-benefit analysis in support of regulations and standards. Given the lack of thoughtful discourse among the agencies and the lack of a central oversight office, there is a risk that different agencies may take advantage of the lack of federal cost-benefit analysis methodology standards to manipulate results. The authors contend that a strong federal regulatory framework for cost-benefit analysis is needed.

Keywords:   Mexican, cost-benefit analysis methodology, federal regulatory framework

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