Energy Policy:

Brookings economist Gayer says government rationale on efficiency is flawed

Is the government's economic justification for efficiency regulations flawed? During today's OnPoint, Ted Gayer, co-director of the economic studies program and a senior fellow at the Brookings Institution, discusses a new paper examining the costs and benefits of efficiency regulations proposed or enacted by the departments of Energy and Transportation and U.S. EPA. He explains why he believes restricting consumers' choices does not produce benefits.