EPA to Change How It Considers Costs, Benefits of Regulations COMMENTS DEADLINE: July 13, 2018
by Erin Voegele (Ethanol Producer Magazine) On June 7, the U.S. EPA issued an advanced notice of proposed rulemaking, announcing the agency is soliciting public input on whether and how to change the way it considers costs and benefits in making regulatory decisions.
Information released by the EPA claims the proposed regulations would aim to increase consistency across EPA divisions and offices, increase reliability to affected stakeholders, and increase transparency during the development of regulatory actions.
While under Obama, the EPA estimated the social cost of carbon at $36 per ton of carbon dioxide emitted. However, under Trump’s leadership, the EPA has calculated the social cost of carbon dioxide to be only $5 per ton.
The EPA has posted a prepublication version of the ANPRM on its website. The proposed rulemaking is expected to be published in the Federal Register soon. Following publication in the Federal Register, a 60 public comment period on the rulemaking will open. Comments can be submitted online on www.Regulations.gov under Docket ID No. EPA-HQ-OA-2018-0107. READ MORE
Increasing Consistency and Transparency in Considering Costs and Benefits in the Rulemaking Process (Environmental Protection Agency)