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Retaking Rationality - How Cost Benefit Analysis Can Better Protect the Environment and Our Health (Hardcover): Richard Revesz,... Retaking Rationality - How Cost Benefit Analysis Can Better Protect the Environment and Our Health (Hardcover)
Richard Revesz, Michael Livermore
R1,558 Discovery Miles 15 580 Ships in 12 - 17 working days

That America's natural environment has been degraded and despoiled over the past 25 years is beyond dispute. Nor has there been any shortage of reasons why-short-sighted politicians, a society built on over-consumption, and the dramatic weakening of environmental regulations.
In Retaking Rationality, Richard Revesz and Michael Livermore argue convincingly that one of the least understood-and most important-causes of our failure to protect the environment has been a misguided rejection of reason. The authors show that environmentalists, labor unions, and other progressive groups have declined to participate in the key governmental proceedings concerning the cost-benefit analysis of federal regulations. As a result of this vacuum, industry groups have captured cost-benefit analysis and used it to further their anti-regulatory ends. Beginning in 1981, the federal Office of Management and Budget and the federal courts have used cost-benefit analysis extensively to determine which environmental, health, and safety regulations are approved and which are sent back to the drawing board. The resulting imbalance in political participation has profoundly affected the nation's regulatory and legal landscape. But Revesz and Livermore contend that economic analysis of regulations is necessary and that it needn't conflict with-and can in fact support-a more compassionate approach to environmental policy. Indeed, they show that we cannot give up on rationality if we truly want to protect our natural environment.
Retaking Rationality makes clear that by embracing and reforming cost-benefit analysis, and by joining reason and compassion, progressive groups can help enact strong environmentaland public health regulation.

Struggling for Air - Power Plants and the "War on Coal" (Hardcover): Richard Revesz, Jack Lienke Struggling for Air - Power Plants and the "War on Coal" (Hardcover)
Richard Revesz, Jack Lienke
R1,251 Discovery Miles 12 510 Ships in 12 - 17 working days

Since the early days of the Obama administration, conservative politicians have railed against the President's "war on coal." As evidence of this supposed siege, they point to a series of rules issued by the Environmental Protection Agency that require the nation's power plants to cut their emissions of several types of air pollution. It's true that, because coal produces far more pollution than any other major energy source, the EPA's rules are expected to further reduce the fuel's already shrinking share of the electricity market, in favor of cleaner options like natural gas, wind and solar power. Even so, the rules are hardly the "unprecedented regulatory assault" that opponents make them out to be. Instead, they are merely the latest chapter in a longstanding quest for redemption, a multi-decade struggle to overcome a tragic flaw in our nation's most important environmental law. In 1970, a nearly unanimous Congress passed the Clean Air Act, which had the remarkably ambitious aim of eliminating all air pollution that posed a threat to public health or welfare. But there was a problem: for some of the most common pollutants, Congress empowered the EPA to set emission limits only for newly constructed industrial facilities-most notably, power plants. Existing facilities, by contrast, would be largely exempt from direct federal regulation-a regulatory practice known as "grandfathering." What lawmakers didn't anticipate was that imposing costly requirements on new plants while giving existing ones a pass would simply encourage those old plants to stay in business much longer than originally planned. For almost half a century now, the core problems of U.S. environmental policy have flowed inexorably from the smokestacks of these coal-fired clunkers, which continue to pollute at far higher rates than their younger peers. In Struggling for Air, Richard L. Revesz and Jack Lienke chronicle the political compromises that gave rise to grandfathering, its deadly consequences, and the repeated attempts-by Presidential administrations of both parties-to make things right.

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