Breakdown of Costs and Benefits by Types of PCB Owners
Figure 3 shows the estimated net mass of PCB located in each industry sector as of the end of 2001. Based on the percentages owned by each sector incremental costs and benefits of the regulated phase-out have been calculated. These are shown in Table 6.
| PCB Ownership Sector | Percent of Canadian PCBs Owned | Best Estimate of Costs ($millions, PV) |
Best Estimate of Benefits* ($millions, PV) |
Cost-Benefit Increment* ($millions, PV) |
|---|---|---|---|---|
| Electric Utilities | -$55.07 | -$35.7 | $28.1 | -$7.5 |
| Pulp and Paper | -$30.29 | -$19.6 | $15.5 | -$4.2 |
| Iron and Steel | -$24.78 | -$16.1 | $12.7 | -$3.4 |
| Mining and Smelting | -$22.03 | -$14.3 | $11.3 | -$3.0 |
| Federal Gov't | -$13.77 | -$8.9 | $7.0 | -$1.9 |
| Other Gov't | -$13.77 | -$8.9 | $7.0 | -$1.9 |
| Hospitals and Schools | -$10.17 | -$6.6 | $5.2 | -$1.4 |
| All Other | -$25.61 | -$16.6 | $13.1 | -$3.5 |
| Total | -$195.48 | -$126.7 | $99.9 | -$26.8 |
* Does not imply that there is a direct financial benefit to the owners of PCBs. The benefits arise from the reduction in spill and fire cleanups and reduction in environmental damage.
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