by TheBusinessProfessor | Feb 23, 2025 | Environmental Protection Law
What are Abatement Costs?Abatement costs are those associated with reducing the amount of toxic or unwanted by-products from a manufacturing process.How are Abatement Costs Used?The United States Environmental Protection Agency has the right to impose penalties on...
by TheBusinessProfessor | Feb 23, 2025 | Environmental Protection Law
What is an Environmental Impact Assessment (EIA)?Environmental Impact Assessment (EIA) is the assessment of the environmental consequences (positive and negative) of a plan, policy, application, or real initiative. An EIA is mandated by the Environment Protection...
by TheBusinessProfessor | Feb 23, 2025 | Environmental Protection Law
What is the National Environmental Policy Act of 1970?The National Environmental Policy Act of 1970 (NEPA) was first major federal environmental statute. It lays out broad goals and steps for federal agencies to incorporate environmental considerations into...
by TheBusinessProfessor | Feb 23, 2025 | Environmental Protection Law
What is an Environmental Impact Statement – National Environmental Policy Act?An environmental impact statement is a detailed document that estimates the environmental impact of the proposed action. NEPA requires that an impact statement include the following:...
by TheBusinessProfessor | Feb 23, 2025 | Environmental Protection Law
What is the Clean Air Act?Clean Air Act (CAA), along with numerous amendments, was passed with the purpose of developing and achieving air quality standards throughout the US. It gave rise to the National Ambient Air Quality Standards (NAAQS), which limit the amount...
by TheBusinessProfessor | Feb 23, 2025 | Environmental Protection Law
What is a State Implementation Plan? States bear the burden of implementing a plan to comply with national air quality standards (NAAQS). The NAAQS provide a maximum concentration level for certain pollutants in the air. A state has a great deal of latitude in...
