Environmental Costs for Regulated Monopoly. The Bonneville Power Administration (BPA) is a regulated monopoly in the Northwest that uses dozens of hydroelectric dams to generate electricity....

Environmental Costs for Regulated Monopoly. The Bonneville Power Administration (BPA) is a regulated monopoly in the Northwest that uses dozens of hydroelectric dams to generate electricity. Unfortunately, the BPA’s dams block the paths of migrating fish, contributing to the decline of several species. Suppose that BPA spends $100 million to make its hydroelectric dams less hazardous for migrating fish. Who will bear the cost of this program?