EPA’s costly overhead

The cost to administer EPA’s Greenhouse Gas regulations will be staggering if the Tailoring Rule is not upheld according to the agency’s own estimates. The cost of administrative paperwork alone will be nearly $23 billion per year and the agency will require the hiring of 230,000 new government employees to produce 1.4 billion work hours for paper work and permit reviews.  However, even if the Tailoring  Rule is upheld, there are substantial negative impact  on  U.S. jobs and GDP growth as I highlighted in my February  2011 testimony before the House Subcommittee on Energy and Power.

Margo Thorning

Dr. Margo Thorning has frequently testified as an expert witness on capital formation, tax, energy and environmental policies before multiple U.S. congressional committees. She has also traveled coast to coast to present findings to state and local lawmakers, business organizations and the media on the economic impact of climate change policies on local job and economic growth.

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