A Critical Review of the Benefits and Costs of EPA Regulations on the U.S. Economy, a new study from the National Association of Manufacturers (NAM), Washington, D.C., finds six major Environmental Protection Agency (EPA) regulations will cost manufacturers and cause additional jobs loss.
The study, conducted by ndp|consulting, examines the cumulative impact on the U.S. economy of EPA regulations:
• The EPA’s final Utility MACT and Boiler MACT rules.
• Its still-pending Coal Combustion Residuals and Cooling Water Intake Structures regulations.
• Its expected Cross-State Air Pollution Rule and National Ambient Air Quality Standards for Ozone.
According to NAM, the report finds that the annual compliance costs for all six regulations range from $36 billion to $111.2 billion (by EPA estimates) and from $63.2 billion to $138.2 billion (by industry estimates). NAM also notes the total capital expenditures for all six regulations range from $174.6 billion to $539.3 billion (by EPA estimates) and from $404.5 billion to $884.5 billion (by industry estimates).
To review the report, visit www.nam.org.