Cristy Li

Cost of EPA Regs: 336,000 Mfg Jobs in One Year –Heritage Foundation

(Daily Signal) The Environmental Protection Agency (EPA) has just released its proposed new standard on ground level ozone which allegedly is a component of smog–every 5 yrs, the EPA is required by law to review and if appropriate release these standards.

In 2008 the EPA issued an ozone standard of 75 parts per billion (ppb) the new standard proposed by the EPA would decrease that level to 65 to 70 ppb though the EPA is considering an even lower standard of 60 ppb.

The National Association of Manufacturers has said a 60 ppb would be the costliest regulation in U.S. history according to a new study conducted by NERA Economic Consultants which reveals that the new EPA ozone regulation from the Obama Administration may cost $270 Billion annually and place millions of more good paying American jobs at risk.

On the 13 November, 2013 I wrote here thanks to Obama’s EPA and California’s disastrous environmental regulations which resulted in the closure of San Onofre Nuclear Power Plant and the loss of nearly 1,000 jobs, air pollution actually increased by as much as 35% together with wholesale electrical prices.

The Columbus Dispatch reported in June, 2011 that because of Obama’s proposed EPA clean air rules they would be scuttling 11 coal burning power plants, costing 600 jobs and consumers would face an increase in electricity costs ranging from 10 to 15% over the subsequent 5 years.

In another example of Obama’s EPA over-regulation in July 2010 the EPA announced that it would be cracking down on farm dust.

Related: How EPA Regs Kill Jobs & Reduce Your Income –Daily Signal