Stephen DeCanio faculty at the UCSB in 1978. From 1986 to '87 he was the Senior Staff Economist at the President's Council of Economic Advisors. He was also a member of the United Nations Environment Programme Economic Options Panel, which reviewed the economic aspects of the Montreal Protocol on Substances that Deplete the Ozone Layer. In 1996 he was awarded the Stratospheric Ozone Protection Award by the United States Environmental Protection Agency and in 2007 he was presented with the Leontief Prize for advancing the frontiers in economic thought by the Global Development and Environment Institute. He participated in the Intergovernmental Panel
Ozone depletion framework for negotiating international regulations on ozone-depleting substances. That same year, the discovery of the Antarctic ozone hole was announced, causing a revival in public attention to the issue. In 1987, representatives from 43 nations signed the Montreal Protocol. Meanwhile, the halocarbon industry shifted its position and started supporting a protocol to limit CFC production. However, this shift was uneven with DuPont acting more quickly than its European counterparts. DuPont may have feared court action related to increased skin cancer, especially as the EPA had published a study in 1986 claiming that an additional 40 million cases and 800,000 cancer