It should come as no surprise that the Business Roundtable is ramping up an eleventh-hour scare campaign in an effort to block tougher national air standards for ozone, or smog. See the hysterical e-mail below. As one of my friends put it, “lires and damned lies.”
(I guess the timing is no surprise as EPA Administrator Lisa Johnson is scheduled to sit down today with big business execs. It is interesting to note that this attack on EPA was sent not to Jackson, but to White House Chief of Staff Bill Daley. Really dirty pool to do this, don’t you think?)
A couple of quick rejoinders: There is no way the EPA standard would cost anywhere near a trillion dollars. Anyone want to bet on it?
And, no, the EPA action is not discretionary. The Bush administration ignored EPA’s science advisers as it caved in to the Business Roundtable and its ilk. As Jackson noted in a letter this week to Senator Carper, that standard was not based on science and so it was obviously illegal. EPA is only trying to fix the Bush mess in accordance with the law.
It’s no surprise the Business Roundtable wants to delay a decision until 2013. I’m sure most of its members are hoping the President in 2013 is named something other than Obama.
Daley ought to busy himself with other matters and not fall for this all-too-obvious ploy.
From: Larry Burton [mailto:email@example.com]
Sent: Friday, July 15, 2011 10:56 AM
Subject: New Ozone Regulation Could Cost Nearly $1 Trillion Over Ten Years
July 15, 2011
New Ozone Regulation Could Cost Nearly $1 Trillion Over Ten Years
U.S. Business Leaders Say ‘Single Most Expensive Environmental Regulation Ever Imposed on the U.S. Economy’ Threatens Job Creation, Economic Recovery
In a letter delivered today to President Obama’s Chief of Staff, William Daley, Andrew Liveris, Chairman & CEO of The Dow Chemical Company, writing on behalf of Business Roundtable, said:
• “…[E]stimated by EPA to cost anywhere between $20 and $90 billion annually…the ozone rule…threatens to seriously impede economic expansion by classifying literally hundreds of counties across the United States as nonattainment for ozone for the first time.”
• “…[T]hese counties risk losing jobs when businesses respond to the higher costs and uncertainty by closing marginal facilities and siting new facilities elsewhere, including outside the U.S.”
• “…[T]he ozone [regulation]…is discretionary and is not required by statute or court order.”
• “The next scheduled statutory review of the ozone standard is in 2013 and the scientific panel convened by EPA to review the latest scientific evidence is already half way through their work.”
• “We…urge the Administration to let this panel complete its work and recommend in 2013 whether the ozone standard should be changed.”
Business Roundtable (BRT) is an association of chief executive officers of leading U.S. companies with nearly $6 trillion in annual revenues and more than 13 million employees. BRT member companies comprise nearly a third of the total value of the U.S. stock market and invest more than $114 billion annually in research and development – nearly half of all private U.S. R&D spending. Our companies pay more than $179 billion in dividends to shareholders.
BRT companies give nearly $9 billion a year in combined charitable contributions.
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