ESM 595P
Seminar
in Regulatory Analysis
As
some of you may have noticed, the White House, the EPA and NHTSA jointly
proposed accelerating the new car fuel efficiency rules and resolving the
dispute between California, the auto companies and the EPA over the Pavley bill -- California's attempt to impose greenhouse
gas standards on autos. This action also paves the way for regulation of
GHG by EPA in that the new rules explicitly targets GHG.
The proposed rule has a 60 day comment period with
three hearings:
October 21:
October 23:
October 27:
Comment
Due Date: November 27, 2009
Meeting
Times (all in BH 1520):
Wed. 9/30: 4-6 p.m.
Wed. 10/7: 4-6 p.m.
Wed. 10/14: 4-6 p.m.
Thurs. 10/22: 5-7 p.m.
Tues. 10/27: Hearing in LA
Thurs. 11/5: 5-7 p.m.
Tues. 11/10: 5-7 p.m.
Tues. 11/17: 5-7 p.m.
Objectives
of Seminar: The purpose of this seminar is to develop
comments on the proposed rule. Ideally, we will either find errors or reach
conclusions different than those of NHTSA/EPA.
Format:
This will be a student-directed effort to
familiarize ourselves with the rule and find specific aspects we think could be
improved (for example) and prepare comments for official submission. For
instance, the social cost of carbon (SOC) is discussed at length -- the conclusion
is that it should be about $20 per ton of CO2 for regulatory analysis.
Discounting is another issue as is problems of consumer choice with respect to
energy efficient appliances and capital. (Of course we dont need to comment on everything -- and wouldnt want to.)
Registering:
All participants should register for ESM
595P. Economics students can get an
add-code from Amy Burgard if necessary. Course should be up by Oct 1.
Source
Material:
President
Obama’s May 2009 Statement
NY
Times Article [Sept. 15, 2009]
EPA Details Page
[check back – it keeps getting updated]
Proposed
Rule with Backup (684 pages) – redundant now that the Federal Register
version has been published
Draft
Regulatory Impact Analysis (RIA) [337 pages]
Draft Joint
Technical Support Document [203 pages]
Docket
– supplementary information that may be useful (including journal articles)
Federal Register
Listing – official proposed rule
National Academy of
Science 2001 CAFÉ Report
National Academy of
Science 1992 CAFÉ Report
2006
NHTSA Final Rule on CAFÉ for light trucks [includes footprint discussion]
November 7, 2009