Discuss the pros and cons of relying on an EIA and CBA rather than the more comprehensive MCA.

Words: 255
Pages: 1
Subject: Business
Although multicriteria appraisal (MCA) is the most comprehensive way to evaluate a project’s social and environmental impact, in practice it is rarely used to permit specific projects in the United States. For large projects, permitting authorities are more likely to rely on an environmental impact assessment (EIA) and a cost-benefit analysis (CBA).
Discuss the pros and cons of relying on an EIA and CBA rather than the more comprehensive MCA.
Are there situations where you feel an MCA should be required?
At least two but not more than three pages.Although multicriteria appraisal (MCA) is the most comprehensive way to evaluate a project’s social and environmental impact, in practice it is rarely used to permit specific projects in the United States. For large projects, permitting authorities are more likely to rely on an environmental impact assessment (EIA) and a cost-benefit analysis (CBA).
Discuss the pros and cons of relying on an EIA and CBA rather than the more comprehensive MCA.
Are there situations where you feel an MCA should be required?
At least two but not more than three pages.

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