Anyway, government agencies are always proposing and adopting new laws to reduce pollution, and the people that have to comply with those regs are always bitching that they cost too much, will put them out of business, and/or they won't do what they are supposed to do anyway.
Sometimes those arguments get ripped to shreds.
Case in point: Today EPA and DOT announced some new rules for big ass trucks and other heavy duty vehicles. The rules are gonna reduce CO2 emissions by over 1 billion tonnes (that's the fancy schmantzy way of saying metric tons for you non-science types reading this). They're also gonna reduce oil consumption by over 2 billion barrels and the fuel savings from that alone will pay for the new controls in about 2 years.
So the new regs essentially pay for themselves!
In addition, the public will reap a net benefit of over $230 billion - that's a benefit-to-cost ratio of about 8:1.
Not bad, not bad at all.
No comments:
Post a Comment