[Code of Federal Regulations]

[Title 40, Volume 31]

[Revised as of July 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 40CFR1502.23]



[Page 879]

 

                   TITLE 40--PROTECTION OF ENVIRONMENT

 

               CHAPTER V--COUNCIL ON ENVIRONMENTAL QUALITY

 

PART 1502_ENVIRONMENTAL IMPACT STATEMENT--Table of Contents

 

Sec.  1502.23  Cost-benefit analysis.



    If a cost-benefit analysis relevant to the choice among 

environmentally different alternatives is being considered for the 

proposed action, it shall be incorporated by reference or appended to 

the statement as an aid in evaluating the environmental consequences. To 

assess the adequacy of compliance with section 102(2)(B) of the Act the 

statement shall, when a cost-benefit analysis is prepared, discuss the 

relationship between that analysis and any analyses of unquantified 

environmental impacts, values, and amenities. For purposes of complying 

with the Act, the weighing of the merits and drawbacks of the various 

alternatives need not be displayed in a monetary cost-benefit analysis 

and should not be when there are important qualitative considerations. 

In any event, an environmental impact statement should at least indicate 

those considerations, including factors not related to environmental 

quality, which are likely to be relevant and important to a decision.