A major criticism of the EPA from an economic perspective is that its regulations:
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Correct answer: Can impose high compliance costs on businesses and slow industrial growth
Critics often argue that the 'regulatory burden' of the EPA makes U.S. industry less competitive globally. Proponents, however, point to the 'co-benefits' of reduced healthcare costs and a cleaner environment as outweighing these expenses.
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More The EPA and Clean Air Act questions
- Which of the following describes the EPA's 'Energy Star' program?
- The Environmental Protection Agency (EPA) was established in 1970 under which U.S. President?
- Which 1962 book is widely credited with sparking the modern environmental movement that led to the creation of the EPA?
- The Clean Air Act of 1970 authorized the EPA to establish National Ambient Air Quality Standards (NAAQS) to regulate:
- What was the primary goal of the 'State Implementation Plans' (SIPs) mandated by the Clean Air Act?
- The 1990 Amendments to the Clean Air Act introduced which innovative market-based system to reduce acid rain?