21 Nov '11, 12pm

EPA Regulations CREATE Jobs, Even Electric Company CEOs Will Tell You That

EPA Regulations CREATE Jobs, Even Electric Company CEOs Will Tell You That

“Based on the available literature, there’s not much evidence that EPA regulations are causing major job losses or major job gains,” said Richard Morgenstern, a senior fellow at the nonpartisan think tank Resources for the Future who worked at the EPA starting under the Reagan administration and continuing into President Bill Clinton’s first term. A decade ago, in a landmark study , Morgenstern and others looked at the effect of regulations on four heavily polluting industries — pulp and paper mills, plastic manufacturers, petroleum refiners, and iron and steel mills — between 1979 and 1991. The researchers concluded that higher spending to comply with environment rules does not cause “a significant change” in industry employment. When jobs were lost, they were often made up elsewhere in the same industry. For every $1 million companies spent, as many as 11 / 2 net jobs we...

Full article: http://cleantechnica.com/2011/11/21/epa-regulations-creat...

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