I didn’t mean to imply that the FDA regulates nuclear power - of course it doesn’t. I was just using that as an example of how it’s wrong to ban something that has flaws, if that ban means continued use of something else that has even more flaws.
One of the big frustrations I have with the green movement is that they almost universally ignore or are outright hostile towards market solutions to environmental problems. For example, why aren’t environmentalists fighting to have price controls removed from power distribution? It’s basic economics that when the government caps the price of something artificially low it will stimulate demand. So if you want to advocate conservation, you should be dead-set against price caps. Yet I’m hearing nary a peep from the green party, other than to scream that deregulation is bad.
This really hurts the green movement, because it allows some conservative extremists to paint them as socialists masquerading as environmentalists. I’m sure you’ve heard the term ‘watermelon’? Green on the outside, red on the inside. This damages the cause of environmentalism.
Besides, there are a number of great ideas on the market side for helping solve environmental problems, yet they get dismissed or even attacked by the greens. It’s frustrating.
As for the EPA and their lack of cost/benefit analysis - that would be fine if they were just an advisory agency, identifying potential risks and passing them on to other lawmakers. But the EPA writes regulation, and therefore they have a responsibility to make sure that those regulations aren’t onerous. I know it’s popular with them to say things like, “You can’t put a price on a human life”, but that ignores the fact that we can, and do. All the time. There’s hardly a product in the world that couldn’t be made safer by spending more money on it. But somewhere we draw the line and say, “That’s safe enough”. The EPA’s line, when they even bother to draw it, is often way out to lunch.
In other agencies, the line is drawn much, much lower. For example, airbags cost about $200,000 per life saved, and even at that relatively low cost there was heavy debate over them. The EPA routinely writes rules that would cost millions, billions, and in the case of wood preservatives even trillions of dollars per life saved.