DOE Delays Hearing on Externality Cost-Efficiency
The Department of Energy (DOE) has delayed until January 19 a hearing on its proposal to weigh external environmental costs when setting efficiency requirements for electric appliances, air conditioners, and other consumer goods. The hearing will consider selection and application of economic theory, the role of the regulatory process, scientific basis for proposed action, and economic impact of such a far-reaching shift on the economy. (em LB