In the second quarter issue of CHOICES, William Reilly focused on environmental and health risk, and how these risks can be assessed and reduced. In this concluding part of the Batie/Reilly interview the former Administrator of the U.S. Environmental Protection Agency discusses his views on a wide range of topics - nonpoint water pollution, air pollution, wetlands, and NAFT A. In his discussion, Reilly comments on a variety of ways to reduce environmental problems including market trading schemes, regulation, cooperative activities with SCS, biotechnology, and environmental education. He offers helpful insights, and CHOICES is pleased to publish this interview.