EPA Unveils Sweeping Deregulation Plan, Slashing Trillions in Costs

The Environmental Protection Agency (EPA) is set to roll back dozens of environmental regulations in what the administrator has called “the most consequential day of deregulation in American history.” The sweeping changes are expected to eliminate trillions of dollars in regulatory costs.

lead

,

Travis Fisher, Cato’s director of energy and environmental policy, released this statement on the move:

“This reckoning was a long time coming. The EPA has overreached in its regulations for decades, especially on carbon dioxide, and now it’s getting back to basics. The American people do not support the previous administration’s aggressive regulatory approach to everything from power plants to vehicles. If they did, Congress would have no problem giving the EPA clear authority to carry out that agenda. Administrator Zeldin is on the correct side of this issue—many of the rules he wants to rescind are not based on clear legislative authority, so getting rid of them is the right thing to do.”

If you would like to speak with Fisher about this historic shift and its implications, please reach out to mmiller@​cato.​org.