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  • An Evaluation of the Benefit-Cost Analysis in the 2020 Steam Electric Reconsideration Rule Cover

    An Evaluation of the Benefit-Cost Analysis in the 2020 Steam Electric Reconsideration Rule

    85 Fed. Reg. 64,650 (Oct. 13, 2020)

    In its analysis of the 2020 Steam Electric Reconsideration Rule, the Environmental Protection Agency failed to adequately provide quantitative estimates for numerous harms from steam electric power plants' wastewater streams and drew conclusions about the rule’s impacts that are undermined by a fair assessment of unquantified impacts. Our report identifies flaws in the 2020 Rule and details changes the agency can make to significantly improve its benefit-cost analysis.

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  • Turbocharged Cover

    Turbocharged

    How One Revision in the SAFE Rule Economic Analysis Obscures Billions of Dollars in Social Harms

    This report is part of a series that documents how the assumptions underlying The Safer Affordable Fuel Efficient (SAFE) Vehicles Final Rule for Model Years 2021–2026 Passenger Cars and Light Trucks are skewed to make the rule look less harmful than it actually is. In this report, we focus on the rule’s estimate of vehicle sale price elasticity, which substantially inflates the rollback’s effect on new vehicle purchases.

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  • Overinflated Cover

    Overinflated

    The SAFE Rule’s Overstated Estimates of Vehicle-Price Impacts

    This report is part of a series that documents how the assumptions underlying The Safer Affordable Fuel Efficient (SAFE) Vehicles Final Rule for Model Years 2021–2026 Passenger Cars and Light Trucks are skewed to make the rule look less harmful than it actually is. In the SAFE Rule, the Environmental Protection Agency and the National Highway Traffic Safety Administration have significantly rolled back the greenhouse gas emission and fuel economy standards for light vehicles established under the Obama Administration. This report highlights three critical problems in the agencies’ assumptions about vehicle prices.

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  • What We Lose When They "Save" Cover

    What We Lose When They “Save”

    The Administration’s Misleading Claims About Deregulatory Cost Savings

    The Trump administration regularly boasts about the cost savings of rolling back regulations, focusing on industry profits without considering significant negative impacts. This policy brief address and counters the administration's cost savings claims and demonstrates that they should not be taken at face value.

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  • Assessing the Rationale for the EPA's Proposed Regulatory Science Rule Cover

    Assessing the Rationale for the EPA’s Proposed Regulatory Science Rule

    The U.S. Environmental Protection Agency (EPA) is considering a new policy that would prohibit the agency from issuing regulations that rely on studies whose underlying data are not publicly available. While the EPA claims it is pursuing this policy in the interest of transparency, we argue that such a prohibition would greatly hinder, rather than help, the rulemaking process and would likely result in undesirable regulatory outcomes that fail to maximize economic welfare.

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