Yesterday the National Association of Manufacturers (NAM), of which IMA-NA is a member, released a report conducted by the National Economic Research Association (NERA) on the economic impact of the Environmental Protection Agency's (EPA) plans to lower the air quality standard for ozone. The EPA's previous attempt to promulgate a lower ozone air quality standard was delayed at the request of President Obama in 2011. The NAM's report estimates a stricter ozone standard could cost up to a staggering $270 billion per year. These costs would be associated with increased energy prices that would affect individuals, communities, and businesses.
To read the NAM's report click here
and for the executive summary click here
. The NAM also has analysis for the impact on individual states here