Tags: General Political
Presidential hopeful Michele Bachmann promised to eliminate the EPA Monday night during the GOP Presidential Debate if elected. Calling for the “mother of all repeal bills,” Bachmann insisted abolishing the EPA would target “job-killing regulations.”
“And I would begin with the EPA, because there is no other agency like the EPA. It should really be renamed the job-killing organization of America,” she said.
Yet, a recent study by Ceres and the Political and Economy Research Institute found that EPA policy actually creates jobs, as they often spur investment in new technology and manufacturing Climate Progress reports. Two recent EPA air quality standards are expected to create 1.5 million jobs over the next five years alone.
Additionally, a May 2011 report by the Economic Policy Institute which analyzed the effects of EPA policy found that after standards were” fully in effect“ the “combined annual benefits from all final rules exceed their costs by $32 billion to $142 billion a year.” The benefit to cost ratio of EPA policy ranged from 4-to-1 to as much as 22-to-1. EPA protections, the report found, save the U.S. billions each year in health care, environmental, and worker-related costs.
Bachmann is not the only presidential contender to support the elimination of key environmental protections. GOP contenders Tim Pawlenty and Newt Gingrich also made strong anti-EPA statements. Gingrich plans to abolish the EPA and replace it with an “environmental solutions agency;” while Pawlenty, in a speech outlining his economic plan, also called EPA standards “job-killing,” and pledged to require “a sun-setting on all federal regulations.”