Politics
Keeping the “Benefits” in Cost-Benefit Analysis
The business community is apparently souring on cost-benefit analysis, for the simple reason that cost-benefit analysis requires a consideration of the benefits of regulation. From as strictly business point of view, it’s really only the costs that matter, and cost-benefit analysis is good only to the extent that it disfavors regulation. For instance, Republicans have …
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CONTINUE READINGIs this any way to run a democracy?
It isn’t exactly news that the U.S. Senate is an anti-majoritarian institution. The filibuster, which effectively allows 41 Senators to block action, gets a lot of attention. But much worse is the “hold,” which lets a single senator stand in the way of a bill or nomination. According to the Senate’s glossary, a hold is …
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CONTINUE READINGPreview of Coming Attractions: American Electric Power v. State of Connecticut
The U.S. Supreme Court recently announced the scheduling of oral arguments in the biggest (actually, the only) environmental case of its current Term: American Electric Power v. State of Connecticut. The justices will hear arguments on April 19th, and render their decision in this major climate change case by the end of June. Already, however, …
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CONTINUE READINGNot Enough “Green” to be Green?
The Washington Post has details about the budget proposal. Here’s the information on EPA: President Obama’s proposed budget provides $9 billion for the Environmental Protection Agency, noting that that amount represents a $1.3 billion decrease from the previous budget year. But that’s unlikely to satisfy Republicans in the House who are sharpening their knives to …
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CONTINUE READINGMy Daughter Writes Her Presidential Campaign Statement
As Lincoln’s Birthday and Washington’s Birthday approach, my 6-year-old daughter Rose’s teacher told them to write their own three-sentence statement about what they would do if they were President. This was a somewhat frightening prospect for me: who knows what my daughter will write? And, of course, how will it reflect on me? Am I …
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CONTINUE READINGCalifornia’s Redevelopment Wars
California’s political leaders are currently struggling with the monumental challenge of finding ways to eliminate the state’s $25 billion budget deficit. Somewhat surprisingly, one of the most controversial deficit reduction proposals offered by newly-installed Governor Jerry Brown involves elimination of California’s 425 redevelopment agencies. Estimated savings: $3 billion per year. Such a reduction in state …
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CONTINUE READINGREINS Act: An attack on environmental regulation and executive power
Representative Geoff Davis (R-KY) has once again sponsored a bill that would require Congressional approval of any regulatory rule that imposes compliance costs in excess of $100 million annually. The Regulations from the Executive in Need of Scrutiny (REINS) Act (H.R. 10) would require agencies to seek Congressional approval of such regulation. If Congress fails …
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CONTINUE READINGObama’s 80% “Clean” Energy Goal: Ambitious or Inevitable?
In a recent post on Grist, Keith Schneider found President Obama’s 80% “clean” energy goal rather incredible: Arguably the central provision of President Obama’s State of the Union address last night was the proposal to generate 80 percent of the nation’s electricity from clean energy sources by 2035 — including nuclear energy and “carbon capture and …
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CONTINUE READINGCan Obama’s Car Emissions Deal Work for Utilities?
Politico ran a little noticed article last week suggesting that the nation’s utilities are exploring whether they can cut a deal with the Obama Administration to regulate their greenhouse gas emissions. The idea is to model a deal after the plan the car companies entered into with the Obama Administration to extend California’s car …
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CONTINUE READINGThe State of the Union Address: Good on Energy, MIA on Climate
President Obama’s State of the Union address had good news for research universities and for renewable energy: We’ll invest in biomedical research, information technology, and especially clean energy technology – an investment that will strengthen our security, protect our planet, and create countless new jobs for our people. Already, we are seeing the promise of …
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