The Environmental Protection Agency is at it again - trying to implement unrealistic regulations that will severely impact our economy and job growth.This time EPA has targeted U.S. ozone standards - also known as national ambient air quality standards, or NAAQS - two years before their scheduled review under the Clean Air Act. U.S. News World Report frames the debate:

At issue: The EPA's plan go[es] far beyond former President Bush's effort to tighten ozone standards way in advance of the planned review in 2013. It could push much of the nation into non-attainment status under the Clean Air Act, forcing major changes to improve air quality.

Just how much of the United States would be affected? The EPA's aggressive air quality proposal would likely push more than 85 percent of U.S. counti... more »

Editor's Note: API praised the leadership of Chairman Upton and other members of Congress from both parties who voted to stop EPA from regulating greenhouse gases under the Clean Air Act. Marty Durbin, API executive vice president, called today's action an important step toward stopping the EPA's regulations and called on the president not to ignore this bipartisan vote:

"We welcome today's bipartisan vote to stop the EPA from overstepping its authority and to restore the Clean Air Act to its original purpose. We must continue to improve air quality, but we must also protect Americans from higher energy bills and from regulations that could cost hundreds of thousands of American jobs.

"We also welcome the support of a clear majority of senators, including 17 Democrats, who yesterday suppor... more »

The U.S. Senate could vote today on measures addressing the Environmental Protection Agency's (EPA) regulation of greenhouse gas (GHG) emissions from stationary sources. These measures and the EPA's regulatory proposal on ozone were the topics of discussion in a blogger conference call on Tuesday. Howard Feldman, API's director of scientific and regulatory affairs; Misty McGowen, director of federal relations; and Khary Cauthen, director of federal relations, took questions from bloggers about Congressional action to limit EPA overreach.

Ms. McGowen explained that there is a "groundswell of activity" on EPA regulation of greenhouse gases in the United States Senate and House of Representatives. In particular, she highlighted Sen. McConnell's, Sen. Rockefeller's and Sen. Baucus' amendments... more »

In today's episode, I interview the American Council for Capital Formation's Senior Vice President and Chief Economist, Margo Thorning about the Environmental Protection Agency's (EPA) regulations aimed at reducing carbon dioxide and other greenhouse gas emissions.

Use the audio player below to listen to information about the article and follow along with the show notes. I hope you find the podcast informative.

00:12 Starting on January 1st this year, the U.S. Environmental Protection Agency began phasing in regulations that are aimed at reducing carbon dioxide and other greenhouse gas emissions from stationary sources. Those sources include hospitals, power plants, refineries and other facilities. But now serious questions are being raised about whether these regulations make sense... more »

On January 2, 2011, the Environmental Protection Agency (EPA) began regulating greenhouse gas (GHG) emissions from stationary sources under the Clean Air Act. EPA's stationary source regulation risks significant adverse impacts on investment, expansion and job creation in today's fragile economy, raises significant legal concerns, and places a tremendous regulatory burden on state resources.

These regulations will eventually impact as many as six million of America's industrial facilities, power plants, hospitals, and agricultural and commercial establishments. In order to comply, businesses would need to obtain permits before moving forward with construction and modification. EPA has never estimated the cost to stationary sources.

EPA has recently released guidance to permitting authorit... more »