Pennywise, dollar stupid. Fossil Fuel tRump pick running EPA forgoes $706B benefit to cut $65B
Even the White Houses budget office admits environmental benefits outweigh the costs
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Even Trumps own Office of Management and Budget has concluded that environmental regulations save lives and money. In a recent report, Trumps OMB found that, over the last decade, the benefits of EPA regulations vastly outweighed their costs: up to $706 billion in benefits compared to up to $65 billion in costs.
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Regulations under the Clean Air Act, a law that is literally life-saving, produce the lions share of benefits. A comprehensive EPA study found air quality improvements under the act from 1990 projected to 2020
worth nearly $2 trillion, with costs around $65 billion. The investments translate into 230,000 fewer premature deaths and lower rates of lung and heart disease, other respiratory conditions and infant mortality. Thanks to cleaner air, people will have been spared 70,000 cases of chronic bronchitis, 200,000 heart attacks and 2,400,000 asthma attacks.
The regulations also prevent 120,000 emergency room visits, 5,400,000 lost school days and 17,000,000 lost work days. These are precisely the kinds of health benefits the Clean Air Act was enacted to produce.
You would never know that from EPAs published summary of Pruitts first-year accomplishments, which modestly describes 22 deregulatory actions as a monumental achievement saving more than $1 billion in regulatory costs. The summary recites a litany of buzzwords to describe regulation as job-killing, duplicative, and that old standby, burdensome and overreaching. Not surprisingly, the summary also fails to mention
predicted benefits of $300 billion by 2030 from climate protection measures short-circuited by EPA deregulatory actions. -
The Hill
If that were a manager of a business, his ass would be fired!
It's as though they are trying to kill Americans under the guise of idiotic simple-minded buzzwords like job-killing, duplicative, burdensome and overreaching. We're all going to pay dearly for this. That goes double for our children.