Source:
ReutersReport Shows EPA's Clean Air Act Significantly Benefits Economy
PR Newswire
WASHINGTON, Oct. 5
500 Small Business Owners Sign Joint Statement to Congress Supporting Strong EPA Regulation as Agency's Authority Comes Under Threat
WASHINGTON, Oct. 5 /PRNewswire-USNewswire/ -- Small Business Majority and Main Street Alliance today released a new report showing that the Clean Air Act's economic benefits have far exceeded the costs imposed on businesses, and that any legislation limiting the ability of the Environmental Protection Agency (EPA) to regulate greenhouse gas emissions could have negative implications for business both large and small that have enacted new practices to reduce their carbon footprint as part of their new business model.
At the same time, 500 small business owners affiliated with Main Street Alliance signed on to a letter being sent to Congress stating that small businesses will help to produce more clean energy jobs if Congress allows the EPA to do its job.
According to "The Clean Air Act's Economic Benefits: Past, Present and Future," prepared by M.J. Bradley & Associates, LLC, the Clean Air Act has cultivated prolonged economic growth and development by protecting public health and the environment. What's more, the economic benefits have far exceeded the costs. The report also shows that the Act has spurred important technological innovations, which have allowed the U.S. to become a world leader in environmental control technologies.
Small Business Majority Founder and CEO John Arensmeyer said:
"The Clean Air Act has left an important legacy of widespread economic benefits across both urban and rural communities and businesses large and small. It has also led to the creation of millions of jobs, and has spurred important technological innovations and new industries that have been exported around the world. Despite the progress, important challenges remain. As the success of the Clean Air Act continues to take shape and is fully implemented, the economic advantages it provides will be felt for many years to come."Read more:
http://www.reuters.com/article/idUS183958+05-Oct-2010+PRN20101005
REPORT HERE:
http://mainstreetalliance.org/wordpress/wp-content/uploads/2010/10/Benefits-of-CAA-literature-review-final-10-04-2010.pdf