On August 3, 2020, ConservAmerica submitted public comments to the EPA in support of their Cost-Benefit Analysis (CBA) rule.
EPA’s proposal consists of three elements: (1) preparation of a cost-benefit analysis (CBA) for all future significant proposed and final regulations under the CAA; (2) use of best available scientific information and in accordance with best practices from the economic, engineering, physical, and biological sciences; and (3) adoption of additional procedural requirements to increase transparency in the presentation of the CBA results.
Consistency and transparency are hallmarks of sound policymaking, and we applaud the Agency for striving to achieve those principles. We firmly believe that a thorough economic analysis is essential for developing sound environmental policies and, if done correctly, can enhance the effectiveness of environmental policy decisions by providing policymakers and the public with information needed to systematically assess the likely consequences of various actions or options.
Read our full comments here.