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Regulating Risk from Toxic Substances

Best Practices for Economic Analysis of Risk Management Options Under the Toxic Substances Control Act

Toxic chemicals, some of which are linked to cancer and other public health threats, are pervasive in American society. Under the Toxic Substances Control Act (TSCA), EPA is charged with managing risks from such chemicals. Toward this end, the agency is currently revising Trump-era chemical risk evaluations it found inadequate and updating its process for setting risk management rules.

This report identifies best practices EPA should adopt to holistically assess and weigh the costs and benefits of risk management options, allowing the agency to meet its statutory obligations and best enhance public welfare.