...and indirect over time or across sectors. To be effective, the metric must be taken seriously and be used as a tool to inform and influence decision making both in...
...for suppliers to compete limits the information and/or choices available to consumers affects suppliers’ ability or incentive to introduce new technologies, products or business models Examples of these are available...
...wellbeing in ways that are difficult to quantify but are deeply meaningful. It is also complicated where different QALY values are used in different circumstances – for example NICE uses...
...publishes guidance and case histories, on the methodological approach to IAs. It will be important to continue to develop these to ensure environmental impacts are robustly and consistently considered. Including...
...abatement cost (MAC) This estimates the cost of cutting one tonne of emissions. The UK government uses the MAC approach, in part because the SCC relies on highly uncertain damage...
...using AI tools over the past few months to see how far these can help us with different aspects of our work. This post discusses where these tools can help,...
...may be required the value of the RPC for the UK’s international reputation, for inward investment and for international trade – how the RPC’s role is central to the high...
...to the People’ make similar recommendations to introduce a ‘one-in, two-out’ regulatory duty on all government departments - that is for each regulation that a department wants to introduce that...
The Regulatory Policy Committee (RPC) exists to ensure that regulation promotes growth, is properly evidence-based, and does not harm investment or international competitiveness. A regulatory environment that supports investment in...
...HMT and NAO respectively), which tended to prevent deep consideration of how best to meet policy challenges. Even within the RPC domain, some baked in separations are gradually being relaxed:...