Monday, February 11, 2019

What's often forgotten in arguments against regulation

Here's an interesting perspective on environmental regulations. Typically the government looks at the cost to companies to comply vs the costs in human health, etc. if they don't. The morality of pitting corporate profits against human life aside,  this article makes the case that regulations spawn new industries and jobs. A cost to a coal-fired power plant to add scrubbers is income to the companies that sell them scrubbers.

https://thehill.com/opinion/energy-environment/425998-the-mythology-of-deregulation

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