NAM: Proposed Ozone Rule Still The Most Costly In U.S. History

WASHINGTON, /PRNewswire-USNewswire/ — An update of the landmark study conducted by National Economic Research Associates (NERA) Economic Consulting and commissioned by the National Association of Manufacturers (NAM) reveals that the more stringent ozone standard proposed by the Environmental Protection Agency (EPA) could reduce GDP by $140 billion per year and carry a compliance price tag of $1.1 trillion. The new information confirms the NAM\’s previous finding that the proposed rule could be the most expensive regulation in U.S. history.

In total, the updated study found that revising the ozone standard from 75 parts per billion (ppb) to 65 ppb could: