Environmental soundness and economic feasibility analysis

Environmental soundness and economic feasibility analysis. Environmental soundness and economic feasibility analysis. Persons identified in Tier 2 or Tier 3 applying for a new or increased withdrawal subject to the Compact decision-making standard under s. 281.346 (6) , Stats., or a diversion, may conduct an analysis to determine if a CEM in s. NR 852.05 or 852.06 is environmentally sound and economically feasible. The analysis shall make a determination as to whether the CEM is all of the following: (1) Environmentally sound. (2) Reflective of best practices applicable to the water use sector. (3) Technically feasible and available. (4) Economically feasible. (5) Cost-effective, based on an analysis under s. NR 852.09 .