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Cost-Benefit Analysis as a Commitment Device

Cost-benefit analysis purports to calibrate regulation. But the way administrative agencies practice cost-benefit analysis can, at best, calibrate a rule at the moment of its promulgation. As scientific knowledge of regulated health, safety, and environmental risks accumulates—and as technology becomes more affordable—the assumptions underlying a rule’s cost-benefit analysis can rapidly obsolesce. Because of the structural incentives towards agency inaction, pressure from regulated firms, or attention to other priorities, outdated rules persist.

Going the Way of the Dodo: De-Extinction, Dualisms, and Reframing Conservation

De-extinction, an emerging suite of selective breeding or biotechnological processes for reviving and releasing into the environment members or facsimiles of an extinct species, has been the subject of a recent surge of analysis in popular, scientific, and legal literature. Unfortunately, conservation laws likely to govern the revival and introduction of de-extinct species like the Dodo largely remain premised on outdated assumptions of nature as static and firmly divisible from human activity.

Non-Transmission Alternatives, Distributed Energy Resources, and a Multi-Directional Grid

As Welton’s article illuminates, the electric sector is not as organized as it appears. Welton references the recent Supreme Court decision, FERC v. Elec. Power Supply Ass’n, and suggests that the case may provide FERC with not only the authority, “but ‘indeed, the duty’” to ensure just and reasonable rates through non-traditional means, such as true parity in treatment of non-transmission alternatives. Welton’s analysis is accurate, however both FERC v. Elec.

Considering Non-Transmission Alternatives

Shelley Welton’s Non-Transmission Alternatives is a timely examination of an important issue in energy and environmental policy: What regulatory and business structures would best enable the Nation to plan, build, and pay for the right mix of electric transmission and alternative facilities? The Article explores reasons why the regional transmission planning process required by the Federal Energy Regulatory Commission’s Order No. 10002 is not up to that task. This Comment notes ways FERC could clarify key terms used in Order No.

Non-Transmission Alternatives

Current transmission planning processes are unlikely to result in selection and implementation of non-transmission solutions, even where they are demonstrably superior. This shortcoming is obviously bad for proponents of distributed energy. It is also bad for those who hope to implement significant but thoughtful grid expansion in the coming decades. More transmission is critically needed to update infrastructure and to keep pace with renewable resource development, but each transmission line is also a fractious, expensive, and environmentally damaging endeavor.

What Appears Obvious Is Not Necessarily So

This extraordinarily well-written, well-researched article by Michael Livermore and Ricky Revesz makes a significant contribution to the literature and public policy debates by challenging conventional wisdom—namely, that health-based NAAQS are more stringent (and hence more protective) than those that would be set were we to consider the costs of achieving those standards.

Rethinking Health-Based Environmental Standards and Cost-Benefit Analysis

Whitman v. American Trucking Associations, Inc., is understood by advocates and commentators across the political spectrum to hold that EPA may not consider costs when setting NAAQS under the CAA. But American Trucking should not be interpreted as standing in the way of using cost-benefit analysis as a regulatory floor. Rather, we argue that health-based standards should never be less stringent than the standards determined by cost-benefit analysis.

General Permits: An Environmental Minefield

At bottom, Eric Biber and J.B. Ruhl argue in their recent article that general permits are a panacea for many of the difficult permitting issues that modern administrative agencies face. We have no quarrel with their conclusion in theory; however, in practice—at least in the environmental arena—agencies such as the U.S. Army Corps of Engineers often abuse general permits.

Permitting and Innovation in the Digital Age

Co-authors Eric Biber and J.B. Ruhl should be commended for providing a thoughtful framework for when agencies should consider individual versus general permitting regimes. They presented a similar framework for the Administrative Conference of the United States, which is a helpful forum for airing perspectives on important administrative law topics.