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Officials Scramble To Show Net Benefits From Auto GHG Rule Rollback

March 30, 2020
Just days before releasing their final rollback of Obama-era vehicle greenhouse gas and fuel economy standards, Trump administration officials have been scrambling to show the rule has net positive benefits to society given that recent drafts show the flagship rulemaking would impose greater overall costs than benefits. Officials are weighing how to include “implicit opportunity cost” factor that that would play up consumer benefits from weaker standards, according to a source familiar with the matter. While this source suggests there...