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They have out their iPads and their computers, and they decide, 'Who shall we regulate today?' And they write a regulation and send it out to the masses and make us deal with the cost to that".
The agency decided not to appeal the decision, and instead is preparing to write a regulation that would raise the net worth requirements for investors in such funds.
Extending the EPA's time-limit looks implausible: "We don't think the EPA can write a regulation for 100,000 years that Yucca can meet," says one observer.Some people think that a congressional fix that liberates the EPA from the NAS's advice is the most likely outcome.
After prompting from leading law professors, the Securities and Exchange Commission was poised to write a regulation doing just that in 2013.
There were so many complaints that the Colorado Wildlife Commission has told its staff to write a regulation that would bar hunting bears in their dens.
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But over the weekend, during a House-Senate conference on the Agriculture Appropriations bill, a sentence was added that prevented the Agriculture Department from using money in this fiscal year to prepare or write such a regulation.
Their greatest offense, bankers and lobbyists say, was writing a 2,300-page 2,300-page chock full of new constregulationrisk-taking and profit-making.
One danger is that a lawsuit could slow down the process of writing a final regulation, pushing a decision months into the future at a time when insurers are already busy setting their prices for next year, and have begged for some clarity on what the system will look like then.
It was in an effort to improve trade relations that both sides formed a committee of 20 scientists, environmentalists, consumer activists, representatives of the biotech industry, lawyers and ethicists, half from the United States and half from Europe, to write a report on the regulation of this biotechnology.
Now, it seems, government is going to write a bigger bunch of regulations and then send out a bunch of fresh-faced, well-meaning "enforcement" bureaucrats — a taxpayer-funded solution that is expensive and futile.
This means that the government has to write a very careful set of regulations in an attempt to guarantee service provision.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com