The Patriot Post® · EPA Smog Rule: 40x Estimated Cost?

Last month, the EPA released its smog rule after a four-year delay. While not as stringent as many ecofascists had hoped it would be, the regulations will nonetheless be expensive for the energy industry. And not just expensive, but perhaps as much as 40 times more expensive than the agency predicted. The EPA estimated the cost would be around $1.4 billion a year, which isn’t exactly chump change. But according to the American Action Forum, “Observed nonattainment counties experienced losses of $56.5 billion in total wage earnings, $690 in pay per worker, and 242,000 jobs between 2008 and 2013.” Not only that, AAF says, but “EPA’s ozone standards affect a broad array of industries, and due to the nature of how ozone actually forms, nonattainment areas can have difficulty meeting standards quickly. California, for example, will have nearly a generation to reach the new standards.” Well, environmentalist say, saving the planet and our health is worth the cost. But what are we getting in exchange for this gargantuan bill? Reducing ozone levels from 75 parts per billion to 70 parts per billion. The EPA claims this will bring all sorts of amazing benefits like preventing 325,000 cases of childhood asthma and 1,440 premature deaths — though it’s awfully hard to say someone lived five years longer solely because of this rule. Never mind the constitutional objections, we in our humble shop just don’t think this sounds like a good deal.