By Nick Goldstein, vice president of regulatory and legal issues, ARTBA
The Environmental Protection Agency (EPA) says it wants to more closely weigh both the cost and benefits of new clean air regulations. ARTBA and many regulated industries for years have noted the agency’s rulemaking too often overstates the latter, while either understating or ignoring the former.
“No matter their intentions or end goals, all regulations have an effect on job creation, development and the overall economic health of the areas where they are implemented,” ARTBA said in 2018 comments when the EPA first began to consider this proposal. “Being able to accurately quantify these effects allows better decision making when balancing the costs and benefits achieved by proposed regulations.”
EPA’s June 4 proposal will be open for comment for 45 days from its publication in the federal register. ARTBA will once again be providing supportive comments.