Includes bibliographical references and index.

Part I. Air and Water Pollution: The Laws and Their Consequences --Clean Air and the Law -- Clean Water and the Law -- Part II. Air and Water Pollution Performance -- Air Pollution by Electric Utility Plants -- Air Pollution and Electric Utility Companies -- Water Pollution by Pulp and Paper Mills -- Water Pollution and Pulp and Paper Companies -- Part III. The Economic Analysis of Air and Water Pollution Abatement -- Literature Review of Pollution and Economic Performance -- Air Pollution and Economic Performance of Electric Utilities -- Water Pollution and Economic Performance of Pulp and Paper Firms -- Part IV. Methodology and Policy Implications -- Measurement of Pollution Performance -- Summary of Findings and Public Policy Implications.