SAB Moves Closer To Support For EPA’s Revised Cost-Benefit Guidelines

EPA’s Science Advisory Board (SAB) is moving closer to supporting the agency’s revised guidelines on counting the costs and benefits of rules with a draft review of the plan that includes caveats on the “discount” rate and other issues, while readying a mildly critical review of a separate report on EPA’s use of “reduced-form” air quality models. During a Nov. 12 virtual meeting, members of the advisory panel debated both documents: the agency’s draft “Guidelines for Preparing Economic Analyses” that...