A hazard analysis of federal permitting under the national environmental policy act of 1970

IF 1.4 4区 经济学 Q3 ECONOMICS
Michael Bennon, Daniel De La Hormaza, R. Richard Geddes
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Abstract

Abstract The National Environmental Policy Act (NEPA) of 1970 requires federal agencies to assess the environmental impact of proposed federal actions. NEPA thus affects delivery of a wide range of infrastructure projects. NEPA requires the completion of an Environmental Impact Statement (EIS) for environmentally impactful federal actions. For infrastructure projects this can entail significant delays. A typical EIS now takes about four and one-half years and is over 600 pages long. Some EIS’s take over a decade to complete. We provide the first detailed analysis of project approval times under NEPA by examining 1269 EIS permitting processes. We analyze empirically the well-defined interval from Notice of Intent to file to Record of Decision (ROD). We use a Cox proportional hazard model to estimate the impact of several factors on EIS duration. Factors include permits featuring major construction, those including private investment, those for projects located in states with restrictive environmental laws, those using the federal permitting “dashboard,” and those publishing a Supplemental EIS prior to the ROD. We find that privately financed projects receive faster permitting, while projects involving major construction, those undertaken in restrictive states, and those utilizing the federal permitting dashboard, face slower permitting times. We also explore links between EIS page counts and permitting time. Greater EIS page counts are associated with longer permitting times. We conclude by examining EIS completion during economic stimulus programs such as the American Recovery and Reinvestment Act (ARRA), as well as the frequency of EIS completion by the federal government.

Abstract Image

根据1970年国家环境政策法案对联邦许可的危害分析
1970年的《国家环境政策法》(NEPA)要求联邦机构评估拟议的联邦行动对环境的影响。因此,《国家环境法》影响了一系列基础设施项目的交付。《国家环境法》要求完成对环境有影响的联邦行动的环境影响报告书。对于基础设施项目来说,这可能会导致严重的延误。现在,一份典型的环境影响报告书大约需要四年半的时间,长达600多页。一些环境影响报告书需要十年以上才能完成。我们通过审查1269个“环境影响报告书”许可程序,首次对《国家环境政策法》下的项目审批时间进行了详细分析。实证分析了从意向通知到备案到决定记录(ROD)的时间间隔。我们使用Cox比例风险模型来估计几个因素对EIS持续时间的影响。这些因素包括主要建设项目的许可证、包括私人投资的许可证、位于有限制性环境法的州的项目的许可证、使用联邦许可“仪表盘”的许可证以及在ROD之前发布补充环境影响报告书的许可证。我们发现,私人资助的项目获得许可的速度更快,而涉及重大建设的项目、那些在限制性州进行的项目以及那些利用联邦许可仪表盘的项目,则面临更慢的许可时间。我们还探讨了EIS页面计数和许可时间之间的联系。EIS页数越多,许可时间越长。最后,我们考察了经济刺激计划(如美国复苏和再投资法案(ARRA))期间EIS的完成情况,以及联邦政府完成EIS的频率。
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来源期刊
CiteScore
2.40
自引率
0.00%
发文量
14
期刊介绍: Recent legislative and policy reforms have changed the nature of regulation. Partial deregulation has created a new dimension to regulatory problems, as the debate is extended to include diversification and new forms of regulation. The introduction of incentive-based rate schedules and ratemaking procedures, the integration of demand-side programs with planning for capitol expansion, and other developments, raise a host of theoretical and empirical questions. The Journal of Regulatory Economics serves as a high quality forum for the analysis of regulatory theories and institutions by developing the rigorous economics foundations of regulation. Both theoretical and applied works, including experimental research, are encouraged. Research in all aspects of regulation is of interest including traditional problems of natural monopoly, antitrust and competition policy, incentive regulation, deregulation, auction theory, new policy instruments, health and safety regulation, environmental regulation, insurance and financial regulation, hazardous and solid waste regulation, universal service obligation, and consumer product regulation. The JRE provides researchers, policy-makers, and institutions with current perspectives on the theory and practice of economics of regulation. While there are a number of journals and magazines that include the study of regulation, the JRE is unique in that it fills a gap in the market for a high quality journal dealing solely with the economics of regulation.Officially cited as: J Regul Econ
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