The EPA’s controversial air pollution rule could hurt the economy and kill jobs, according to a new study by the Center for American Progress.
The study, “The Price of Clean Air: Air Pollution in the United States,” finds that “the cost of EPA’s air pollution rules is expected to grow, even as EPA is likely to fail to prevent dangerous pollution from spreading,” and that “pollution from the proposed rule has the potential to cost American jobs, communities, and families $3.6 trillion in 2020 alone.”
The report found that “more than 60 percent of the proposed EPA rules could increase pollution costs to U.S. businesses and consumers, including more than $500 billion in direct job losses due to reduced demand for air quality services.”
The study says that while the rule’s effects could be modest, “the cumulative cost to American businesses and households could exceed $3 trillion.”
In the study, the CAP study says, “A strong majority of Americans believe the EPA’s proposed rules will have an adverse effect on jobs, wages, and economic growth.
This view is shared by the public, employers, and the federal government, all of whom are already facing challenges in protecting and maintaining employment.”
The CAP report also says that “most Americans are unaware of the potential economic impacts of the rules” and that there is “a substantial difference in public support for the rules and the lack of support.”
According to the report, “Only 14 percent of respondents said they believe the rules will lead to more jobs or increased economic growth, while 52 percent said the rules would hurt their businesses and families.”
The Center for Economic and Policy Research’s Mark Hertling said that while it is possible that the rules could lead to economic benefits, “there is no evidence that they have been a net benefit for the economy.
The only net benefit is that they are not designed to reduce CO2 emissions.”
The EPA’s Office of Air and Radiation is proposing the rule, which is set to go into effect in December 2020.
The rule will require EPA to consider two air pollutants, ozone and particulate matter, in its air quality assessments.
The rules will be effective beginning in 2020.
The rules would be subject to public comment for two years.