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Richard Revesz, who directs the New York University School of Law’s Institute for Policy Integrity, noted that the administration’s approach is “inconsistent” with existing federal guidance, which states that “in performing a cost-benefit analysis all costs and benefits should be taken into account, whether they’re direct or indirect.” “They’re basically saying that the indirect consequences of regulation must be taken into account if they’re negative, and should be ignored if they are positive.”

Although president-elect Joe Biden is planning to reinstate many environmental laws rolled back by President Donald Trump, when asked if Biden’s administration will strengthen current standards for soot emissions, a spokesman declined to answer. “Given the deadly nature of this pollutant, my advice to the new administration would be to very quickly embark on the process to make the standard more stringent,” said Richard Revesz, an expert on environmental law at New York University.

The Congressional Hispanic Caucus has submitted a list of candidates for the role that includes Richard Revesz, who is Argentine American and directs New York University School of Law’s Institute for Policy Integrity.

The cost-benefit rule, which changes the way the E.P.A. shifts economic analyses of Clean Air Act regulations to limit future air pollution controls, is not expected to survive the incoming Biden administration. “It’s like breaking all the calculators on the way out the door,” said Jack Lienke of New York University School of Law’s Institute for Policy Integrity. “The people coming in can buy new calculators. It’s just a hurdle and takes some time. It’s just another annoyance for the incoming administration to deal with. ”

"I don't think cost-benefit analysis is something that can just be washed away," said Ricky Revesz, a New York University law professor whose name has been mentioned as a potential Biden OIRA administrator. Jason Schwartz, who works at NYU Law's Institute for Policy Integrity, added, "What we've seen from courts in recent years is almost a requirement: If you haven't meaningfully considered cost and benefit in some way, we are going to look at that very skeptically."

The Golden State could steer the country toward an electric future regardless of whether President-elect Joe Biden takes aggressive steps to promote clean cars. "You could see significant progress through a California waiver request and then the piggybacking on California standards by Section 177 states," said Jack Lienke, regulatory policy director at the Institute for Policy Integrity and an adjunct professor at NYU School of Law.

Congress enacted a law in 2005 that granted the Department of Energy the authority to designate “national interest electric transmission corridors” where new lines are needed, and it gave FERC authority to override state inaction on lines in these corridors. But this law has been ineffective, largely failing to speed up expansion of transmission lines. As shown in a report about to be issued by Columbia’s Center for Global Energy Policy and New York University’s Institute for Policy Integrity, the law can and should be revived.

Two amicus briefs -- one from Ricky Revesz, director of the Institute for Policy Integrity (IPI) at New York University, and another from University of Chicago economics professor Michael Greenstone -- were submitted to the U.S. Court of Appeals for the 9th Circuit, which is hearing environmental groups’ appeal seeking to vacate the NEPA review by the Office of Surface Mining Reclamation & Enforcement for failing to use the SCC to assess the coal mine’s climate harms.

Without strong backing in Congress to carry out his campaign promises, Biden will need expert leadership over the little-known White House Office of Information and Regulatory Affairs. There are few people with the economics and policy expertise to take on the role. The likely candidates mentioned by academics and congressional staff for Biden’s OIRA administrator are familiar faces in the regulatory community, including Richard Revesz at New York University.

As one of his biggest steps to tackle climate change, President-elect Joe Biden is expected to undo President Trump's rollback of clean car standards and set new auto emissions rules. But experts have one pressing question for the former vice president: How aggressive will the new tailpipe rules be? "The big-picture question for me is what the eventual standards will look like," said Bethany Davis Noll, litigation director at the Institute for Policy Integrity at NYU School of Law.