What Should Libertarians Think About the Trump Administration’s NEPA Reforms?
The Trump Administration’s rewrite of regulations governing federal agency compliance with the National Environmental Policy Act (NEPA) took effect today. Many business groups and conservative office-holders cheered this move. Multiple environmentalist groups and blue states have already rushed to court seeking to overturn the rules. What should a libertarian think?
NEPA is relatively unique among federal environmental laws in that it imposes no regulatory restrictions on private economic activity, as such. Indeed, NEPA does not impose any substantive environmental restrictions at all. Rather, NEPA requires that federal agencies conduct environmental impact statements of major agency actions that are likely to have significant environmental effects, and disclose these assessments to the general public.
The underlying idea of NEPA—that federal agencies should consider the full range of likely consequences of major actions—is akin to basis for requiring cost-beneift analyses. In both cases, the idea i
Article from Latest – Reason.com