USEPA Proposes Cost-Benefit Analysis Reform
The U.S. Environmental Protection Agency (USEPA) issued an Advance Notice of Proposed Rulemaking (ANPRM) to announce USEPA is soliciting public input on how to change the way it considers costs and benefits in making regulatory decisions.
Multiple USEPA-related statutes refer to the calculation of costs and benefits, but implementation has been inconsistent. As a result, USEPA says it has created a risk of uncertainty and confusion for States, local communities, and industries. USEPA is now considering ways to codify common-sense, best practices for cost-benefit analysis in rulemaking.
Through the ANPRM, USEPA will seek comments and input for the Agency to consider in developing any subsequent proposed rules. For additional information, click here.