Dear Friend,
The EPA is at again. As part of a sue-and-settle
deal with environmental pressure groups such as the Sierra Club, EPA has
proposed stringent new ozone standards that will by all accounts be the most expensive regulation in U.S. history.
Thanks
to technology and common sense controls, emissions that form ozone, or
"smog," have declined by 50% since 1980-while our economy has grown
significantly. But now EPA has proposed an ozone level so stringent
that the majority of the U.S. is likely to be in violation...even
pristine national parks such as Yellowstone and the Grand Canyon:
So what will EPA's rules mean for our economy?
A detailed new analysis by the National Association of Manufacturers found that EPA's proposed ozone rule would:
- Reduce GDP by $140 billion annually
- Eliminate 1.4 million jobs
- Force compliance costs in excess of $1 trillion from 2017-2040
Even worse:
-
Ozone standards at the levels considered in EPA's
proposal would push much of the country into "nonattainment" - where
local communities face enormous burdens to commercial and industrial
activity not only vital to creating jobs, but also to providing tax
revenue that support important local services like public safety and
education.
- If finalized, EPA's proposed
stringent ozone standards could limit business expansion in nearly every
populated region of the United States and impairs the ability of U.S.
companies to create new jobs.
Click here to see how your state or locality will be affected.
- Economic
development lost to ozone nonattainment reduces local tax revenues
vital to funding municipal services like fire, police, and education.
- Federal
highway funding in a nonattainment area may be delayed indefinitely
until the State can identify and commit to expensive offsets or
demonstrate that supported projects will not increase ozone.
The air is getting cleaner, and current ozone standards need an opportunity to work. We
need your help to call attention to the massive economic threats and
reduction in funding for crucial civic services posed by this rule. EPA is accepting public comments on its proposed ozone regulations until March 17. For additional background information and sample comment language, please visit
www.USChamber.com/ozone.Sincerely,
Dan Byers Senior Director for Policy Institute for 21st Century Energy U.S. Chamber of Commerce
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