The Socioeconomic Impact of Regulation of Hazardous Waste
Abstract
The socioeconomic impact of regulations such as the Resource Conservation and Recovery Act (RCRA) on the hazardous waste business is discussed. The legal requirements of RCRA are adequately reflected in several appropriate Army and local regulations. The hazardous waste industry has grown from a total of $5.8 billion and eleven segments in 1977 to a projected $74.9 billion in twelve segments in 1993. It is projected that if this growth rate remains the same, the total sales will reach $121.2 billion in the year 2000. This growth rate is predominantly regulation-driven. It is clear that the current emphasis in court rulings is on individual liability, which creates a frightening environment for the individual worker and manager. This publication was written as a part of the requirements of a course entitled Economic Impact of Regulation.
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 01, 1993
- Accession Number
- ADA263243
Entities
People
- Ann E. Stanley
Organizations
- United States Army Aviation and Missile Command