- Look at the Big Picture. Some experts say the effects of regulation "should be assessed through a nuanced tally of costs and benefits that takes into account both economic and societal factors." For example: the costs of healthcare incurred by air today's pollution are paid by workers and the general population.
- Pollution Regulation Creates Net Job Gains. The jobs v. regulation discussion should focus on net jobs lost or gained. Environmental economists believe reducing oil imports would have a net effect of creating 900,000 U.S. jobs. Others believe strategic clean energy investment and regulation would create about 1.7M U.S. jobs.
- Cutting Wastes Can Be Profitable. "Complying with regulations is often well within a company's means." Compliance typically amounts to less than 2 percent of business costs. Eliminating pollution often helps a company improve profitability.
- Help the Environment by Changing the Economy. In economies adaptation is the rule, not the exception.
Nov 7, 2011
Environmental Regulations Create Jobs
I recommend this article, "Environmentalist Regulations Create Jobs, Economists Say." It does a great jobs of simplifying a complex topic into four reference points, reorganized here: