{"id":469,"date":"2011-11-11T17:39:38","date_gmt":"2011-11-11T22:39:38","guid":{"rendered":"http:\/\/blogs.edf.org\/markets\/?p=469"},"modified":"2011-11-11T17:44:15","modified_gmt":"2011-11-11T22:44:15","slug":"more-evidence-that-the-benefits-of-epa-rules-vastly-outweigh-the-costs","status":"publish","type":"post","link":"https:\/\/blogs.edf.org\/markets\/2011\/11\/11\/more-evidence-that-the-benefits-of-epa-rules-vastly-outweigh-the-costs\/","title":{"rendered":"More Evidence That the Benefits of EPA Rules Vastly Outweigh the Costs"},"content":{"rendered":"<p><em>This blog was originally posted on <a href=\"http:\/\/blogs.edf.org\/climate411\/\" target=\"_blank\">EDF&#8217;s Climate 411 blog<\/a>.<\/em><\/p>\n<p>Yet another study is confirming what we\u2019ve known for quite some time \u2014 <strong>the benefits of EPA\u2019s clean air rules vastly outweigh the costs.<\/strong><\/p>\n<p>An <a href=\"http:\/\/www.epi.org\/publication\/combined-effect-obama-epa-rules\/\">analysis<\/a> from the <a href=\"http:\/\/www.epi.org\/\" target=\"_blank\">Economic Policy Institute<\/a> (EPI) reinforces what other <a href=\"http:\/\/www.epa.gov\/air\/sect812\/index.html\">studies<\/a> have told us time and time again: clean air is a great economic investment.<\/p>\n<p>Unfortunately, that fact is often lost in the unfounded attacks on EPA that have gotten so much attention lately, in the media and even in Congress.<\/p>\n<p>EPI\u2019s analysis examines the combined effect of EPA rules that have already been finalized under the Obama Administration, as well as those currently in the proposal stage. It finds that:<\/p>\n<blockquote><p>The dollar value of the benefits of the major rules finalized or proposed by the EPA so far during the Obama administration exceeds the rules\u2019 costs by an exceptionally wide margin. Health benefits in terms of lives saved and illnesses avoided will be enormous.<\/p><\/blockquote>\n<p>Of course, the most important benefits of clean air are those related to human health. Just three of these rules (<a href=\"http:\/\/www.epa.gov\/airtransport\/index.html\">Cross-State Air Pollution (CSAPR)<\/a>, <a href=\"http:\/\/www.epa.gov\/airquality\/powerplanttoxics\/index.html\">Mercury and Air Toxics<\/a>, and <a href=\"http:\/\/www.epa.gov\/ttn\/atw\/boiler\/boilerpg.html\">Boiler MACT<\/a>) are estimated to <strong>save up to 57,500 lives a year<\/strong>.<\/p>\n<p>Those lives saved, plus illnesses avoided and other environmental improvements translate to enormous economic benefits:<\/p>\n<ul>\n<li>Setting aside CSAPR, the combined annual benefits from all <em>final<\/em><em> <\/em>major rules exceed their costs by <strong>$10 billion to $95 billion a year<\/strong>. The estimated benefit-to-cost ratios for those <em>final <\/em>rules range from <strong>2-to-1<\/strong> to <strong>20-to-1<\/strong>.<\/li>\n<li>The net benefits from CSAPR range from <strong>$112 billion to $289 billion a year<\/strong>.<\/li>\n<li>The combined annual benefits from three major <em>proposed<\/em> rules exceed their costs by <strong>$62 billion to $188 billion a year<\/strong>. The estimated benefit-to-cost ratios for those <em>proposed<\/em> rules range from <strong>6-to-1<\/strong> to <strong>15-to-1<\/strong><\/li>\n<\/ul>\n<p>The results are even more striking in chart form:<\/p>\n<p><a href=\"https:\/\/blogs.edf.org\/markets\/wp-content\/blogs.dir\/32\/files\/2011\/11\/benefits-costs-epa-rules2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-474\" src=\"https:\/\/blogs.edf.org\/markets\/wp-content\/blogs.dir\/32\/files\/2011\/11\/benefits-costs-epa-rules2.jpg\" alt=\"\" width=\"530\" height=\"288\" \/><\/a><\/p>\n<p>(For more details on EPI\u2019s analysis, see our new <a href=\"http:\/\/blogs.edf.org\/climate411\/files\/2011\/11\/EDF_EPI-ANALYSIS-FACT-SHEET_3NOV2011.pdf\">fact sheet<\/a>.)<\/p>\n<p>EPI has also shown, in a previous <a href=\"http:\/\/www.epi.org\/publication\/a_life_saver_not_a_job_killer\/\">analysis<\/a>, that EPA clean air rules can also have a positive impact on overall employment \u2013 including <strong>28,000 to 158,000 jobs <\/strong>from the Mercury and Air Toxics rule for power plants alone.<\/p>\n<p>In fact, <a href=\"http:\/\/www.epi.org\/people\/josh-bivens\/\">Josh Bivens<\/a> of EPI recently <a href=\"http:\/\/oversight.house.gov\/images\/stories\/Testimony\/11-1-11_Bivens_MACT_Testimony.pdf\">testified before the U.S. House of Representatives<\/a>\u00a0on the Mercury and Air Toxics rule for power plants. He said:<\/p>\n<blockquote><p>Calls to delay implementation of the rule based on vague appeals to wider economic weakness have the case entirely backward \u2013 there is no better time than now, from a job-creation perspective, to move forward with these rules.<em> <\/em><\/p><\/blockquote>\n<p>It\u2019s time for everyone \u2013 and especially Congress \u2014 to recognize that EPA rules are not only good for our health, but also our economy.<\/p>\n<p><em>For more on how cleaner air can save lives, improve health, and help our economy, see the following previous EDF blog posts:\u00a0 \u201c<a href=\"https:\/\/blogs.edf.org\/markets\/2011\/08\/10\/thank-you-epa\/\">Thank You, EPA<\/a>,\u201d \u201c<a href=\"https:\/\/blogs.edf.org\/markets\/2011\/03\/02\/the-clean-air-act-amendments-good-for-our-health-and-our-economy\/\">The Clean Air Act Amendments: Good for Our Health AND Our Economy<\/a>,\u201d and \u201c<a href=\"https:\/\/blogs.edf.org\/markets\/2011\/02\/11\/newsflash-clean-air-act-saves-lives-boosts-gdp\/\">Newsflash: Clean Air Act saves lives, boosts GDP<\/a>.\u201d<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>An analysis from the Economic Policy Institute confirms that the benefits of EPA&#8217;s clean air rules vastly outweigh the costs.<\/p>\n","protected":false},"author":4696,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4017,330],"tags":[],"coauthors":[],"class_list":["post-469","post","type-post","status-publish","format-standard","hentry","category-clean-air-act","category-politics"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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