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Flammable Planet: Wildfires and the Social Cost of Carbon
Climate change is expected to make wildfires more frequent and intense, with new areas facing wildfire risk. This could take a serious toll on the U.S. economy by expanding the area that wildfires burn 50 percent by 2050—and raising projected damages by tens of billions of dollars a year. Flammable Planet provides the first-ever estimate of the extent to which climate change will magnify the future economic costs of wildfires.
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Livermore Argues Offshore Leasing Case in DC Circuit Court
The government’s offshore leasing system fails to account for uncertainties about environmental harms—the system ignores “option value,” a well-established economic technique that quantifies the value of delaying decisions to acquire crucial information. As a result, the current leasing system leads to over-exploitation of natural resources and excessive environmental risk.
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Tobacco Products and Consumer Welfare - Public Comments
Policy Integrity recently submitted public comments to the Food and Drug Administration (FDA) on its proposed rule to deem certain tobacco products, such as electronic cigarettes and cigars, subject to regulation. We believe the FDA may be dramatically understating the benefits from consumer behavior changes due to regulation of new tobacco products.
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Offshore Leasing and Option Value - Comments on BOEM’s 2017-2022 Leasing Program
Policy Integrity recently submitted comments to the Bureau of Ocean Energy Management (BOEM) on its five-year offshore leasing program from 2017-2022. BOEM is charged with stewarding vital and valuable resources for the benefit of the American people. On the one hand, the agency must direct the orderly development of offshore oil and gas deposits; at the same time, the agency must safeguard the ecosystems, cultural assets, and human lives affected by resource extraction decisions, and must preserve competing uses of offshore areas. BOEM thus has a responsibility to ensure the reasonable development of offshore resources so that costs to society are appropriately balanced against the benefits generated. Moreover, BOEM must collect a fair return on any of the American people’s oil and gas reserves that are leased for private development. Finally, the agency must attend to the different effects of offshore development on different regions, ecosystems, and communities.
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Richard Revesz Testifies at House Energy and Commerce Committee Hearing
Richard Revesz, director of the Institute for Policy Integrity, testified at a U.S. House of Representatives Committee on Energy and Commerce hearing on July 11 to discuss the proper role of the federal government in environmental regulation. At the hearing, entitled, “Constitutional Considerations: States vs. Federal Environmental Policy Implementation,” Revesz discussed a series of instances in which federal action is desirable.
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Public Comments on Methane from Mines to Bureau of Land Management
On June 30, Policy Integrity submitted comments to the Bureau of Land Management (BLM) regarding the proposed establishment of a program to capture, use, or destroy methane that is released through underground mining operations on federal lands. Coal mining releases large quantities of methane, a potent greenhouse gas, which most mine operators vent directly into the atmosphere. As a result, coal mining is the United States’ fourth largest source of methane emissions, accounting for 10 percent of emissions in 2012.
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EPA Proposes Power Plant Regulations
The centerpiece of the Obama Administration’s effort to address climate change through executive action is now a known quantity with the release of the EPA’s proposed carbon pollution guidelines for existing power plants. The rule, pursuant to Section 111(d) of the Clean Air Act, would cut carbon pollution from power plants 30 percent from 2005 levels by 2030 and allow states to use flexible approaches to meet this target.
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Regulating Greenhouse Gas Pollution from Existing Power Plants
The State of the Debate
Environmentalists, industry groups, and state governments have been vocal regarding their preferences for the shape of EPA’s forthcoming rule on greenhouse gas pollution from existing power plants. In this policy brief, Jack Lienke and Jason Schwartz survey 30 public letters, white papers, presentations, and reports from these stakeholders and outline their positions.
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Joint Public Comments on the Social Cost of Carbon to DOE and HUD
On May 16, we submitted joint comments on the social cost of carbon to two Department of Energy energy efficiency rules and to another energy efficiency rule proposed jointly by the Department of Housing and Urban Development and the Department of Agriculture. They are substantially similar to those we submitted for EPA’s proposed New Source Performance Standards rule on May 9th. The comments to DOE are available here, and the comments to HUD are available here.
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Navigating Net Neutrality
The Federal Communications Commission’s ability to protect the open Internet has been limited, due to recent court decisions. This report examines the regulatory options and recommends to FCC a course forward that will best promote the benefits of widespread Internet access.