New Economic Study Shows CEQA Protects Environment without Stunting Economic Growth
There is no quantitative evidence that CEQA has a retarding effect on the state’s economic prosperity.
BAE Urban Economics report includes quantitative analysis of CEQA’s impacts on litigation, development costs and affordable housing
Berkeley, Calif. – Economic analysis firm BAE Urban Economics released a new report today that shows the California Environmental Quality Act (CEQA) supports economically and environmental sustainable development in California. The report was commissioned by the Rose Foundation in response to a number of flawed analyses released in recent years that inaccurately blame CEQA for economic challenges in the state.
“This report uses quantitative analysis to clarify that anti-CEQA rhetoric really has no basis in fact,” said Janet Smith-Heimer, President of BAE Urban Economics. “After extensive analysis, we found that CEQA does not have an actual dampening effect on California’s economy.”
The report includes a number of significant findings, including:
- There is no quantitative evidence that CEQA has a retarding effect on the state’s economic prosperity.
- Legislative changes to CEQA aimed at streamlining…
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