In a 17th October ruling, U.S. District Court Judge John Bailey sided with Murray Energy and held that the Clean Air Act requires the EPA to perform continuing evaluations of job losses due to the agency's regulations.
To date, the agency has estimated the employment impacts of its rules by using a model that assumes 1.5 jobs are created for every $1 million spent on regulatory compliance. The underlying premise of this model is that jobs created in pollution control will always outpace job losses in the regulated industry. Of course, this is a ridiculous assumption.
For starters, it sheds no light on actual job losses caused by EPA rules; rather, job losses are merely assumed to be less than job gains. More broadly, EPA’s employment model fails to pass the sniff test: it is absurd to think that spending infinite resources on regulatory compliance will forever lead to job gains.........To Read More....
To date, the agency has estimated the employment impacts of its rules by using a model that assumes 1.5 jobs are created for every $1 million spent on regulatory compliance. The underlying premise of this model is that jobs created in pollution control will always outpace job losses in the regulated industry. Of course, this is a ridiculous assumption.
For starters, it sheds no light on actual job losses caused by EPA rules; rather, job losses are merely assumed to be less than job gains. More broadly, EPA’s employment model fails to pass the sniff test: it is absurd to think that spending infinite resources on regulatory compliance will forever lead to job gains.........To Read More....
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