EPA Stands Out During Another Active Week – AAF
Last week was another busy one in the world of regulation. Agencies were hard at work finalizing rules and navigating their economic impacts. The Environmental Protection Agency (EPA) took the lead with some significant rule changes, costing approximately $390 million for updates on certain chemicals and $460 million for waste emissions charges. Meanwhile, the Federal Aviation Administration (FAA) was also busy with changes to pilot certification and operations, expecting costs of around $914 million in the next decade.
Overall, last week saw a total of $10.2 billion in costs and 3.9 million annual paperwork burden hours added across all rulemakings. This is part of a larger trend, as we’ve consistently seen billion-dollar costs and significant paperwork increases in recent weeks.
Looking back at previous administrations, we can see differences in regulatory approaches. The Biden Administration continues to make its mark with regulatory changes, and while it aims to restore some Obama-era actions, it also sets its own course. It’s interesting to compare these trends with previous administrations, such as the Trump era, which saw significant increases in costs and paperwork due to rule changes.
As we move forward, we’ll continue to monitor these regulatory shifts and provide updates on how they stack up historically. The Biden Administration’s approach is shaping up to be unique, and we’ll keep an eye on how it evolves, especially as we look to the potential for future terms. Stay tuned for more updates as we track these regulatory changes week by week.
