Report, Enhancing the Social Benefits of Regulatory Review
Calls for rebuilding the rulemaking process at the close of the Trump Administration through specific reforms at the Office of Information and Regulatory Affairs.
LPDD Recommendation: “Congress should clarify authorization of federal agencies such as EPA, FERC, and DOI to support the pricing of the carbon attributes of energy resources.”
LPDD Recommendation: “Congress should consider adoption of a national carbon tax to encourage investment in new low-carbon energy resources, while also aligning carbon pricing with the broader policies related to the pricing of interstate energy markets.”
LPDD Recommendation: “Congress should consider requiring the consideration of carbon costs in agency regulatory impact assessment and cost-benefit analysis, including by independent agencies and federal agencies allocating funding to state and local governments.”