Friday , November 15 2024
Home / EconoSpeak / Pruitt’s EPA Trashing Benefit-Cost Analysis Of Environmental Policy

Pruitt’s EPA Trashing Benefit-Cost Analysis Of Environmental Policy

Summary:
Scott Pruitt increasingly looks the worst of the worst out of the appalling cabinet of President Trump, quite aside from his race to become the single most corrupt cabinet member in the entire history ofthe US.  The latter is trivial compared to his policy change after policy change that will increase pollution in the environment and end up killing people, to be blunt about it.  But now the Environmental Economics blog reports that since June 7 Pruitt's EPA has been planning to distort benefit-cost in a way to make it less likely to support environmental policy enforcement (sorry not able to make link to site work).In particular they are planning to eliminate counting "co-benefits" of policies. Only what a policy is specifically directed at can be counted. So, if one looks at coal burning

Topics:
Barkley Rosser considers the following as important:

This could be interesting, too:

Michael Hudson writes Beyond Surface Economics: The Case for Structural Reform

Mike Norman writes Oh no…Eva Langoria leaving the U.S.!!!

Merijn T. Knibbe writes Argentina bucks the trend. Vitamin A deficiencies are increasing

Mike Norman writes Wishful Thinking

Scott Pruitt increasingly looks the worst of the worst out of the appalling cabinet of President Trump, quite aside from his race to become the single most corrupt cabinet member in the entire history ofthe US.  The latter is trivial compared to his policy change after policy change that will increase pollution in the environment and end up killing people, to be blunt about it.  But now the Environmental Economics blog reports that since June 7 Pruitt's EPA has been planning to distort benefit-cost in a way to make it less likely to support environmental policy enforcement (sorry not able to make link to site work).

In particular they are planning to eliminate counting "co-benefits" of policies. Only what a policy is specifically directed at can be counted. So, if one looks at coal burning and wishes to limit particulate emissions, then one cannot count co-benefits such as reducing SO2 and mercury emission.  This is simply outrageous and makes no sense whatsoever. But indeed, Scott Pruitt may be the worst cabinet member in US history, and Trump seems to be in no hurry to remove him, indeed, defends him.

Barkley Rosser

Barkley Rosser
I remember how loud it was. I was a young Economics undergraduate, and most professors didn’t really slam points home the way Dr. Rosser did. He would bang on the table and throw things around the classroom. Not for the faint of heart, but he definitely kept my attention and made me smile. It is hard to not smile around J. Barkley Rosser, especially when he gets going on economic theory. The passion comes through and encourages you to come along with it in a truly contagious way. After meeting him, it is as if you can just tell that anybody who knows that much and has that much to say deserves your attention.

Leave a Reply

Your email address will not be published. Required fields are marked *