Conveys more of the texture and content of actual policy issues, the nature of the questions that analysts typically confront and how the basic tools of environmental economics can be applied to those questions. Explains how to develop a coherent set of questions for analysis that can accommodate multiple policy goals and constraints, the complexity of pollution problems and limitations of available information. Includes examples from authentic environmental regulatory policy analyses canvassing such issues as toxic chemicals, global climate change, ozone depletion, solid and hazardous wastes.