Great Deal! Get Instant $10 FREE in Account on First Order + 10% Cashback on Every Order Order Now

Write a 750-word essay on how the Environmental Protection Agency's policies impact business in the United States. Use the Environmental Protection Agency website:...

1 answer below »

Write a 750-word essay on how the Environmental Protection Agency's policies impact business in the United States.

Use the Environmental Protection Agency website: http:
www.epa.gov/superfund
elated.htm. Ensure your report includes at least one specific EPA program and explain whether the program promotes business investment or discourages it.
Answered Same Day Dec 22, 2021

Solution

Robert answered on Dec 22 2021
124 Votes
Running Head: EPA’s POLICIES & BUSINESSES 1

EPA’s POLICIES & BUSINESSES
Name of the Student
University
Date
EPA’s POLICIES & BUSINESSES 2

Introduction
Henry Miller, molecular biologist and physician at Stanford University, recently quoted
in one of his online articles that “EPA’s policies and actions torture both statutes and common
sense to a degree that approaches malfeasance.” The title of the article, “The Worst Head of the
Worst Regulatory Agency”, itself described the direction of the whole write-up. (Miller, 2013)
The Environmental Protection Agency (EPA) is regarded as the most expensive federal
egulatory agency. With a modest $11 billion annual budget, it also accrues it costs from various
other dealings. According to the best available estimates, the U.S. economy flushes $353 billion
(Young, 2012) per year to comply with EPA regulations. By way of comparison, this is more
than 30 times its own budget, more than the entire national GDPs of Denmark ($332 billion) and
Thailand ($345 billion). EPA last released such an estimate in 1990. The figure here is from the
Competitive Enterprise Institute’s Wayne Crews, who parsed through humongous publicly
available documents, cost estimates of economically significant regulations and whatever
financials he could find.
The Debate
We can debate that the agency should be much more open about the burdens it imposes.
An annual estimate of the total cost of all its rules cu
ently in effect, by an independent auditor
can help to an extent. An external independent person is needed because the agency has an
incentive to lowball their costs and highball their benefits.
EPA’s Policies have a major influence on all industries across US especially
manufacturing and exploration. According to a recently adopted regulation (Harder, 2011),
known as the "good neighbor" rule, utility companies in 27 states are required to reduce air
pollutants that cause air-quality problems in...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here