From Bloomberg Green:

The measure should drive more durable environmental regulation, said Philip Rossetti, a senior fellow with the R Street Institute, a free-market think tank.

“Fundamentally, we want a regulatory policy that’s going to maximize benefits and minimize costs,” and robust regulations that clear the new cost-benefit analysis will be better able to survive court scrutiny too, Rossetti said. “The truth is, if you’re confident the benefits of your regulation outweigh the cost, that’s going to show up in the math.”

Image credit:  VDWimages

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