Will We Ever Stop Overestimating the Cost of Complying with Environmental Regulations?
Law and Environment
NOVEMBER 12, 2021
Earlier this week, Greenwire (subscription required) had an interesting story about the role that EPA’s estimate of the cost to comply with the Mercury and Air Toxics Standards rule played in the politics and judicial review of the rule. It turned out that compliance costs were much less than originally estimated by EPA – let alone by industry. Unfortunately, the $9.6 billion price tag originally put on the MATS rule lived on, even after it was clear that that number was way off.
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