Regulatory Assessment, Vessel and Facility Response Plans: 2003 Mechanical Response CAPS, and Dispersant and In Situ Burning Measures
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2001-06-01
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Abstract:The costs and benefits of five proposed regulatory alternatives developed by the U.S. Coast Guard for the OPA 90 2003 vessel and facility oil spil response plan rulemaking are assessed. The analysis is based upon the Volpe Center Programmatic Regulatory Assessment Accounting Model (PRAAM), originally developed for 11 selected core rules of OPA 90, and incorporates an industry cost survey, an expert panel for quantification of estimated benefits, and spill history and projection input data pre-processed to account for geographically specific requirements in the regulatory alternatives. PRAAM output for these purposes is dollars (cost) and volume of oil recovered or treated (benefit), both in total present value (TPV), year 1996, for consistency with earlier PRAAM results. Costs and benefit results are also expressed in total present value, year 2000, as are the results of the small business and paperwork burden analyses.
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