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CSPAN3 Politics Public Policy Today June 22, 2024

But there is a weight given to cost . Im sorry . There is a weight, there is a consideration gifsh to costs . Whenever we do regulations theres an evaluation of costs and of benefits. Okay. I guess that thats im about out of time anyway. Morgan stole some of my notes and asked some of my questions. So anyway, with that, mr. Chairman, i yield back. At this time the chair recognizes the gentleman from texas, mr. Flores. Thank you, mr. Chairman. Ms. Mccabe, thank you for joining us today. How does the market price risk . If you know something and you know what the cost is of something, it has a price. You know that price. But if you dont know something, then the price is higher because you have risk, right . Um yes, okay. In 2010 the epa, when they proposed going to 60 parts per billion, said that that would cost 90 billion. Cost the economy 90 billion. In 2014, you reduced it to 40 billion. What happened over that fouryear period to make the cost go down . So, i think what youre comparin ....

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CSPAN Hearing On EPA Ozone Regulations June 22, 2024

Background levels. Even epaso low that admits they have not determined how to reach full compliance. The marginal cost of ratcheting down the existing spread standard goes through the roof that thestimates standard would cost 3. 9 billion dollars to 15 billion annually and the 16 part would be 39 billion annually. Cost of study puts the 65 parts per billion at 140 billion a year, which would make this the agencys most expensive. Egulation ever the study also estimates 1. 4 million fewer jobs and household cost averaging 830 per year. These costs come on top of all of the other rules we have seen manythis administration, of which also impact the energy and manufacturing sectors. Moreover, this rule is yet another chapter in the Administration Efforts to force more extreme client policies on the American People. I would like to just name a few of them. We have done the ....

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