Trump versus Cost-Benefit Analysis
EPA has said it would no longer try to quantify the harms done by the two most serious, widespread air pollutants. Given that these are the most fully understood of all environmental impacts, it’s not clear what future regulations, if any, might still be subject to cost-benefit analysis. This didn’t come out of the blue. Rather, it is the culmination of a series of steps that began when President Donald Trump first took office in 2017.
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The EPA has decided to stop quantifying the harms of the two most serious air pollutants, raising uncertainty about future regulations and their cost-benefit analyses. This shift is seen as the result of a gradual process initiated by President Trump after he took office in 2017. The agency’s move highlights a broader trend in environmental policy that may affect how environmental regulations are evaluated moving forward.
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