1st Edition
Reforming Regulatory Impact Analysis
242 Pages
by
Routledge
242 Pages
by
Routledge
242 Pages
by
Routledge
Also available as eBook on:
Over the past decades, considerable debate has emerged surrounding the use of cost-benefit analysis (CBA) to analyze and make recommendations for environmental and safety regulations. Critics argue that CBA forces values on unquantifiable factors, that it does not adequately measure benefits across generations, and that it is not adaptable in situations of uncertainty. Proponents, on the other... Read more
Preface
1. Controversies Surrounding Regulatory Impact Analysis
2. The Clean Air Interstate Rule
3. The Technocratic and Democratic Functions of the CAIR Regulatory Analysis
4. The CAIR RIA: Advocacy Dressed Up as Policy Analysis 56
5. The Clean Air Mercury Rule
6. The Mathematics of Mercury
7. The CAMR: An Economist‘s Perspective
8. The Cooling Water Intake Structures Rule
9. Improving the CWIS Rule Regulatory Analysis: What Does an Economist Want?
10. Fish Tales
11. What We Learned
Contributors
Index
Biography
Winston Harrington is a senior fellow at Resources for the Future. Lisa Heinzerling is a professor of law at Georgetown University Law Center. She is currently on a leave of absence, serving as senior climate policy counsel at the Environmental Protection Agency. Richard D. Morgenstern is a senior fellow at Resources for the Future.
'Environmental regulations are an increasingly prominent issue for the federal government, and as such, the regulatory process recently has generated intense controversy. This book provides an in-depth analysis of three major environmental regulations, and constructively brings together key critics and advocates of current practices. Most importantly, the book provides concrete and timely recommendations for improving regulatory review.' Ted Gayer, Georgetown University Public Policy Institute 'I applaud this project. The report brings together some of the staunchest advocates and critics of cost-benefit analysis and offers some very good, sensible recommendations on what should be done to improve the way that these analyses are conducted. That‘s an extremely important accomplishment for the policy community.' Richard Revesz, New York University School of Law 'For those convinced that cost-benefit analysis will survive, in spite of cogent arguments against its utility in the environmental realm, this book is a must read. It provides detailed case studies of the use and abuse of Cost-Benefit Analysis and thoughtful recommendations for improving its use.' David M. Driesen, Syracuse University College of Law 'This book acknowledges, but does not dwell on, the strengths and weaknesses of Cost-Benefit Analysis in regulatory development and review. Instead of continuing the ''tis to, 'tis not' debate, it looks for common ground and crafts productive proposals to improve the process. An important book for those who wish to continue the old debate and an essential one for those who can get beyond it.' Sally Katzen, former administrator of the Office of Information and Regulatory Affairs, Office of Management and Budget (1993-1998)
