Posted on 09/02/2011 11:48:58 AM PDT by SeekAndFind
President Barack Obama announced Friday that he was directing the EPA to withdraw a draft regulation that would tighten air quality standards for Ozone due to concerns about costs.
In a letter to Speaker of the House John Boehner Tuesday, Obama revealed that the rule under consideration by the Environmental Protection Agency could cost up to $90 billion to implement.
Obama said that while he supports the regulation, it will be updated again in 2013, adding, "ultimately, I did not support asking state and local governments to begin implementing a new standard that will soon be reconsidered."
The proposed regulation, "Reconsideration of the 2008 Ozone National Ambient Air Quality Standard" would lower the allowable concentration of ozone from 0.075 parts-per-million to between 0.060 and 0.070 ppm. According to the EPA, the new standards are required to increase protection for children and "at-risk" populations against respiratory and cardiovascular diseases related to exposure to ozone in the air.
Obama said the primary cost estimate of implementation is between $19 billion and $90 billion.
The EPA says most ozone comes from three categories of sources — vehicle engines, industrial processes, and electrical power production. The rule would tighten emissions standards on all three categories — which would require technological changes, that critics say would cost jobs.
House Majority Leader Eric Cantor called it "possibly the most harmful of all the currently anticipated Obama Administration regulations," in a memo to House Republicans Monday, adding he would seek to repeal the legislation this Winter. Cantor said estimates put the cost of the rule at "$1 trillion or more over a decade and millions of jobs."
(Excerpt) Read more at businessinsider.com ...
He’ll just figure out another way to do it, such as an executive order or an “update” to an existing law that doesn’t require a congressional vote.
See here : http://www.mapi.net/Filepost/ER-707.pdf
The Manufacturers Alliance, a lobbying group for industry, put the cost of meeting the EPA regulation at $1.013 trillion and 7.3 million jobs between 2020 and 2030 — numbers the Obama administration (of course) strongly contests.
This a 2 year moratorium on these regulations, so now are companies going to go out and build new factories and plants to get hit with this in 2 years from now ? Keep dreaming Obama you complete loser.
Since he can do this..why can’t he also order the NLRB to drop the Boeing mater...The hypocrisy is waist deep..
This is GREAT news for Atlanta, Georgia as they are always over the legal Federal limit for Ozone.
It is even better news for the tree-huggers, as 60 % of Atlanta’s Ozone is produced by the pine trees in that area.
FINALLY, Professor You Lie did a good Green thing!
If Obama were to announce he won’t run in 2012, and that he’ll spend the rest of his term vacationing and playing golf, growth in the economy would explode and unemployment would plummet. That’s change I could believe in.
Only until after the election. He’s doing it only to get re-elected. The next day he will put it back in place.
I can’t wait to turn on my tv tonight and hear the MSM scream “children and minorities most affected”
/s
Too expensive and bad for the economy now is too expensive and bad for the economy PERIOD.
Same with raising taxes.
Our health has been damaged because of Obama’s drive to get re-elected!
Wherever and whenever he is, every time his mouth opens, the O-Zone has been violated.
He’ll just reinstate it after the 2012 election—whether he wins or loses.
Maybe his mouth IS the “O” Zone?
He has passed the dream act with no legal ramifications, gone to war in Libya without congress, spent TARP and stimulus with no accountability, shut down oil regardless of court rulings. Continues to push FCC control of Internet regardless of rulings, providing guns to Mexican cartels...
He will not stop until removed.
Well, that’s one down!
Only Zer0care; Dodd/Frank; Sarbanes/Oxley; Czars; Cap and trade; card check; prevailing wages; ANWR; Gulf drilling; Boeing; Fannie and Freddie; support for the UN; shale oil and gas fracking; Egypt support that matches Isreal; CAFE doubling; ethanol price supports; the suits against Arizona illegals: the Education department, and about three thousand other worthless agencies, commissions, departments;
left to go!
Watch for the pile of sh!t to slip the knife in at a different location.
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