EPA, DOT Vehicle GHG Rollback Cites Up To $22 Billion In Net Costs

March 31, 2020
EPA and the Department of Transportation’s (DOT) just-issued rollback of vehicle greenhouse gas and fuel economy standards acknowledges that the policy could impose up to $22 billion in net costs to society, a finding that critics are pouncing on as an indication of the rule’s legal vulnerability. The cost-benefit estimates come despite efforts to factor in alternative analysis -- including an assessment of the “implicit value” that is lost from tougher standards -- in order to assert net positive benefits...

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