Balancing the Benefits and Costs of Environmental Regulation
The Trump Administration has framed regulation as a drag on the economy and jobs. Yet how much do we really understand about the true benefits and costs of protecting the environment? Two legal and regulatory experts weigh in.
Early in his administration, President Trump vowed to focus on rolling back regulatory oversight of the energy industry and to lift the regulatory burden on business. Conspicuously absent from two of Trump’s early executive orders targeting environmental oversight, however, was any mention of the benefits of regulation has brought in the areas of environment and health.
Regulatory experts Alan Krupnick, Senior Fellow at Resources for the Future, and Cary Coglianese, Director of the University of Pennsylvania’s Penn Program on Regulation, take a look at the benefit-cost equation underlying the development of regulations, and at the actual benefits, and costs, of key policies.
Cary Coglianese
Edward B. Shils Professor of LawCary Coglianese is the Edward B. Shils Professor of Law and Professor of Political Science at the Carey School of Law. He also is the director of the Penn Program on Regulation.
Alan Krupnick
Senior Fellow, Resources for the FutureAlan Krupnick is a senior fellow at Resources for the Future. He focuses on analyzing energy and environmental issues, in particular the design of pollution and energy strategies.
Andy Stone
Energy Policy Now Host and ProducerAndy Stone is producer and host of Energy Policy Now, the Kleinman Center’s podcast series. He previously worked in business planning with PJM Interconnection and was a senior energy reporter at Forbes Magazine.
