Regulation
Peak Oil Prices?
Oil prices are currently being pushed up by uncertainty about supply from the Middle East. Well before that crisis, Deutsche Bank was predicting $175/barrel oil five years from now. Predicting future oil prices is a tricky venture, and the track record for past predictions has been mixed. The two factors that foretell price increases over …
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CONTINUE READINGThe Huge Benefits of Air Pollution Regulation
EPA has a new report on the benefits from the increased pollution controls required under the 1990 amendments to the Clean Air Act. According to E&E, A two-decade-old crackdown on smog and soot under the Clean Air Act will yield about $2 trillion in annual benefits by 2020, according to a study that was released …
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CONTINUE READINGA Little-Noticed Toxic Provision of the House’s Continuing Resolution
From Grist: On Feb.17, in a 250-177 vote, the House of Representatives approved an amendment by Rep. John Carter (R-Texas) to deny any funds to EPA to “implement, administer or enforce” mercury and other toxic air pollution standards for all cement plants in the country. The EPA standards that the House voted to block would …
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CONTINUE READINGCalifornia’s Delta Stewardship Council Gets Down to Business
Today California’s Delta Stewardship Council begins its deliberations on a Delta Plan that promises to be a big part of the answer to one of that state’s most pressing environmental questions: can California’s Delta be saved? Creation of the Delta Stewardship Council was a key element of landmark 2009 California legislation designed to address the …
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CONTINUE READINGKeeping 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 READINGForest Service releases proposed revised planning rule
On Monday, the Forest Service published its proposed new planning rule. The planning process for national forests has been in a kind of limbo since the end of the Clinton administration. The National Forest Management Act requires the preparation and periodic revision of land management plans for each national forest. The first planning rule was …
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CONTINUE READINGThree Obstacles To California Climate Progress
California’s AB 32 — the Global Warming Solutions Act — is the biggest and best thing going on the domestic climate change front. The bill is sweeping in its application and the agency charged with implementing the Act, the California Air Resources Board, has moved aggressively to chart out the path the state will need …
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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 READINGCourt’s AB 32 Ruling Is Quite Narrow and At Most a Temporary Setback
Cara published a terrific summary of a tentative California superior court decision in which the court held that the state’s Air Resources Board (CARB) violated the California Environmental Quality Act (CEQA) in implementing AB 32, the state’s landmark climate change legislation. The CEQA portion of the ruling — should the judge stick with it when …
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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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