EPA Finalizes New Clean Air Act Cost-Benefit Rule

Law360 (December 9, 2020, 4:11 PM EST) -- The U.S. Environmental Protection Agency on Wednesday finalized a new rule that requires every new Clean Air Act rulemaking to clearly explain the cost-benefit analysis that was used in its crafting, which some environmentalists criticized as weakening the consideration of ancillary benefits.

The new rule, proposed by the EPA in June, would require the agency to prepare a cost-benefit analysis for all "significant" regulations, a broad category that it says would include rules with the largest annual impact on the economy; that would "disproportionately affect" an industry, group or area; or that are "novel or relevant for other policy reasons."...

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