In a recent NYT op ed, Harvard Law professor and former Obama official Cass Sunstein cited Ronald Reagan, of all figures, as inspiration for more federal regulation on the transportation and energy sectors. Sunstein’s angle was to say that Reagan endorsed the cost/benefit analysis arguing for the US agreement to fight the “ozone hole,” [...]
New CAFE Mandates Harm Consumers
WASHINGTON D.C. — IER Director of Regulatory Affairs Daniel Simmons issued the following statement about today’s announcement by the Obama administration of a new corporate average fuel economy mandate (CAFE): “This is an undemocratic, dangerous, and costly decision. The Obama administration’s heavy-handed regulation overrides American’s automobile preferences and imposes the choices of unelected bureaucrats [...]
The Flawed BlueGreen Alliance Report on CAFE Standards
The BlueGreen Alliance has released a new study arguing that tighter fuel economy standards on cars and light trucks will not only mitigate climate change, but will also create jobs. As with most studies in the “green jobs” literature, this one too rests on faulty economic analysis. The federal government doesn’t do consumers any [...]
