It’s no joke. According to Chemical and Engineering news, a draft report by the White House claims that EPA air pollution regulations have generated between $94 billion and $449 billion in economic benefits. The economic cost of the regulations was between $44 and $47 billion annually. So, it’s a break even affair.

One rule, however, is truly profitable. The one that limits emissions by coal fired plants in 28 states and D.C. costs $1.8 billion and has benefits of over $50 billion annually.

So, is it any wonder that so many states are suing the Bush EPA for wanting to relax these rules?
Chemical & Engineering News

One Comments

  1. Modern Propaganda: Creating and Selling "Truth" | Payam's Place
    on October 27th, 2007
    1

    [...] the upgrades might reduce the profit margins of these companies from 10% to 8%. The fact that cleaner air will save billions of dollars to the aggregate economy is no matter. Industry is sacrificing the national economy for a measly 2% margin of [...]

Leave a Reply




Spam prevention powered by Akismet