Why a Minor Change to How Epa Makes Rules Could Radically Reduce Environmental Protection

View on The Conversation website

Date

June 18, 2018

News Type

Media Highlight

Source

The Conversation

"In my experience working on the White House economic team in the Clinton and Obama administrations, I found cost-benefit analysis provides a solid foundation for understanding the impacts of regulatory proposals. It also generates thoughtful discussion of ways to design rules to maximize net benefits to the public."

Topics

Benefit-Cost Analysis

Related People

Joseph E. Aldy

University Fellow

Joe Aldy is a university fellow at RFF and professor of the practice of public policy at Harvard’s Kennedy School. His research focuses on climate change policy, energy policy, and mortality risk evaluation.

Related Content

Media Highlight — Nov 10, 2023

E&E News: “White House Overhaul Paves Way for Stricter Regulations”

RFF President and CEO Richard G. Newell comments on the White House's revised method for agencies to weigh regulatory costs and benefits.

Media Highlight — Nov 10, 2023

E&E News: “Will Biden’s Rulemaking Revisions Last?”

RFF President and CEO Richard G. Newell shares his thoughts on the US Office of Management and Budget's much-anticipated update to its cost-benefit analysis calculations.

Media Highlight — Nov 9, 2023

The Hill: “White House Finalizes Guidance Expected to Result in Stricter Regulations”

RFF President and CEO Richard G. Newell provides insight into new guidance about how the US government makes regulatory decisions.

Journal Article — May 25, 2023

US Benefit-Cost Analysis Requires Revision

A letter published in the journal Science makes the case for updating benefit-cost analysis to follow the best available data and methods for determining discount rates.