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Attacks on EPA misrepresent regulations' effects on economy http://apocadocs.com/s.pl?1297358046
Having successfully blocked the legislative branch from adopting carbon regulations, congressional Republicans and a few Democrats are now moving to cripple the EPA, whose mandate under the Clean Air Act, the Supreme Court found, includes addressing climate change.
The rationale is that the rules "threaten jobs and economic growth." Environmental groups have responded with dump of data that indicates that the claim couldn't be farther from the truth.
For instance, a CERES-commissioned report released today estimates that the rules currently being considered would create 1.46 million jobs -- about 290,000 per year over the next five years. The jobs would largely be skilled, high-paying jobs in engineering and construction, as power plants design and install new scrubbers.
According to World Resources Institute analysis of historical OMB data, over the 10-year period starting October 1, 1999, EPA regulations cost the nation $26-29 billion. Their benefits, however, totaled between $82 and $533 billion. In other words, benefits outpaced their costs by at least a factor of three, and possibly by a factor of 20.
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'Doc Michael says:
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As if I'd let data get in the way of an article of faith.
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