Pareto Policy Solutions, LLC is the consulting practice of Keith B. Belton, The name of the firm is a nod to Vilfredo Pareto (1848-1923), a well-known figure in neoclassical economics. He developed the concept of a Pareto Improvement: a reallocation of resources (e.g., through a policy change) that makes at least one individual better off without making anyone worse off.
Pareto Policy Solutions, LLC was established in 2014 to help our clients resolve regulatory impediments and cut through red tape. We believe the achievement of regulatory objectives need not conflict with innovation and productivity. And when it does, we develop and employ an advocacy strategy to maximize our client’s likelihood of success.
We offer policy analysis services relating to the following topics: regulatory reform; regulatory budgeting, including the Trump Administration's "One In, Two Out" executive order; cost-benefit analysis of regulations or regulatory programs; chemical regulation under the Toxic Substances Control Act and California's Safer Consumer Products program; and climate change-related policies and programs.
And here are a few success stories:
- We developed a unique methodology to identify the cumulative regulatory burden imposed on the US manufacturing sector. Applying this methodology, we found nearly 300,000 restrictions imposed across every step of the manufacturing process.
- We initiated and advocated successfully for streamlining the federal permit process for major infrastructure projects. We assisted our client in identifying the reform, cataloguing the problem, forming a coalition, enlisting Senators to sponsor the legislation, and advocating for the bill through every stage of the legislative process. The bill was incorporated into Public Law 114-94 (Title 41).
- We identified and advocated for changes to legislation to reform the Toxic Substances Control Act to increase the pace of safety assessments for chemicals in commerce. Congress has since made changes to the legislation consistent with our recommendations.
- We identified aspects of an EPA proposed rule that, contrary to the Agency’s own analysis, would increase, rather than limit, greenhouse gas emissions from the use of certain building insulation materials. We created an effective coalition of energy efficiency advocates, including two U.S. Senators, to join our client in raising the issue to EPA's attention and ensure that any final rule rewards rather than penalizes manufacturers of energy efficiency products. The Agency issued a final rule with significant changes acceptable to our client.
- We analyzed EPA’s proposal to lower the ozone standard and the science that the Agency used to support it. We identified administrative actions that could minimize the negative impact on these portions of the country without hindering progress in lowering ozone concentrations across the nation. Our client's public comments and advocacy raised these issues to the Agency's attention. Subsequently, the Agency issued a white paper on the issue of background ozone and held a public workshop to better determine how best to address this significant issue during implementation of the new standard.