The economic punishment from President Obama’s green agenda continued Tuesday as the Environmental Protection Agency issued a new regulation on ozone, among the most costly in U.S. history.
The final rule is wholly discretionary, and none other than President Obama overruled the EPA on ozone in 2011 in the name of “reducing regulatory burdens and regulatory uncertainty.” But that was headed into an election year, and Mr. Obama is making amends to burnish his eco-legacy.
Ozone in the ambient air can contribute to smog and respiratory ailments, but the U.S. has worked hard to control O3 to the point of virtual nonexistence. “Back in 1979, Los Angeles still was so full of smog that there were days where people who were vulnerable just could not go outside,” Mr. Obama said in August. “And you fast-forward 30, 40 years later, and we solved those problems.”
Sure enough, the EPA’s latest measures show most of the U.S. is meeting the 2008 standards of ozone concentrations of 75 parts per billion (ppb) or less, except for pockets in Texas and the northeast. Only green-happy California is in “extreme non-attainment.”
The EPA is nonetheless lowering the standard to 70 ppb and the green lobby wanted 65 ppb or even 60 ppb. So while avoiding the worst-case scenario, the factories, utilities, refineries, farms, cars and trucks that produce the man-made emissions that cause ozone to form will need to install expensive retrofits. New ones will be more expensive. The EPA estimated the 2011 draft proposal would cost the private economy anywhere from $19 billion to $90 billion.