General
Cost-Benefit Analysis: FAQs
Cost-benefit analysis has been a key part of the regulatory process since 1980. Here’s how it works.
Cost-benefit analysis is required for all major regulations. It’s also highly controversial, as well as being a mysterious procedure unless you’re an economist. These FAQs will tell you what you need to know about how cost-benefit analysis (CBA) fits into the regulatory process, how it works, and why it’s controversial. Q: Let’s start with a …
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CONTINUE READINGLos Angeles County Passes Motions to Protect Environmental Justice Communities from Urban Oil Drilling
UCLA Wells Clinic provides legal support.
This post is co-authored by Sean Hecht, Cara Horowitz, and Beth Kent. The Los Angeles County Board of Supervisors passed three motions earlier this month that will start a process of phasing out existing oil and gas drilling on unincorporated land within the County, prohibiting new oil and gas extraction wells, and implementing a strategy …
CONTINUE READINGThe Global Methane Pledge
The US and EU Take an Important Step
I have written before about the importance of taking action quickly to reduce and eliminate methane emissions, including here. On Friday, the US and EU announced a Global Methane Pledge, which the UK and others immediately joined. The Pledge received limited press coverage, but it is an important step that will lead to real action, …
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CONTINUE READINGCalifornia Enacts Historic Housing Reform Laws
Legislation Promotes New Housing, Infill Development, & Reduced Air Pollution
The California Legislature recently enacted, and Governor Gavin Newsom last week signed into law, two major housing reform measures. SB 9 and SB 10 represent California’s most transformative new housing laws in decades, and are a belated but welcome legislative response to the state’s longstanding housing crisis. SB 9, authored by California State Senate leader …
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CONTINUE READINGScience article argues that conservation should be allowed to pay its own way on public lands
The law too often restricts resource rights on public lands to extraction activities and precludes conservation
The Bureau of Land Management (BLM) auction in February, 2016, for oil and gas drilling rights near Arches National Park was unremarkable. The high bidder, Tempest Exploration Co. LLC, paid $2,500 for the 1,120 acre lease by credit card and began paying annual rental fees. What soon did prove remarkable, though, was the revelation that …
CONTINUE READINGMethane Emission Reduction
Last Best Chance?
The publication last week of the UN IPCC Sixth Assessment Report underscores the urgent need for action to substantially reduce methane emissions: “Strong, rapid and sustained reductions in methane emissions would [ ] limit the warming effect resulting from declining aerosol pollution and would improve air quality.” Some Methane Facts Methane is the second most …
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CONTINUE READINGSCREED: Masks and Climate
Political Cynicism in Full Sway
Governors of two of the largest U.S. states have made the calculation that the “freedom” to choose not to wear a mask is more important than public health. Their orders – precluding schools from requiring masks for students and teachers – will almost certainly result in significant increases in disease and even death. Theirs is …
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CONTINUE READINGUnintended Consequences Create Challenges for Utility Regulators
Making sure that regulatory incentives do what the regulators intended.
In a new post, Dan Farber mentions performance-based regulation as a promising tool for encouraging energy utilities to be enthusiastic in supporting the transition to clean energy sources. There are a lot of people who agree with him. After all, traditional utility regulation tends to encourage the companies to overspend on infrastructure and under spend …
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CONTINUE READINGProfs. William Boyd and Alex Wang Join Prof. Ted Parson in Emmett Institute Faculty Leadership
Faculty Take on New Roles at Emmett Institute
This month, the Emmett Institute is thrilled to welcome two of our core faculty members, William Boyd and Alex Wang, to new roles at the Institute. Both will serve as faculty co-directors alongside our faculty director Ted Parson. In their new roles, Prof. Wang and Prof. Boyd will help lead the Emmett Institute’s ambitious research, …
CONTINUE READINGOregon Takes a Big Step Forward
New climate legislation sets a high bar for other states.
On Wednesday, Oregon Governor Kate Brown signed a package of four clean energy bills. These bills move Oregon to the forefront of climate action. These laws ban new fossil fuel plants and set aggressive targets for the state’s two major utilities, requiring emission cuts of 80% by 2030, 90% by 2035 and 100% by 2040. …
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