LOL The EPA does do some pretty bone-headed stuff. They also do some pretty awesome stuff though. I would not want to be China, or even 60s era USA. I would however like to see some protections so that American industry isn't competing head to head with nations who lack this kind of environmental protections.
The 230,000 employees & $21 billion per year comes from what the EPA calculated would be necessary to do the paperwork for the 6.1 million business permits required to meet the 100 ton CO2 law written by the Democrat Congress. Recognizing that this level of regulation would effectively destroy our economy, the EPA invented a "tailoring rule" that allows it to enforce not the 100 ton CO2 limits of the law, but rather 100,000 tons (or 75,000 ton increases) to limit the number of affected businesses to six hundred or so. The EPA is also being sued in federal court, since this (arguably anyway) is an illegal action. (There's an argument the other way as well, since CO2 is NOT a pollutant except in the sense that too much of anything is bad, and therefore the 100 ton limit should not apply. Outputting 100 tons of CO2 is NOT equal to outputting 100 tons of lead, something the regulatory eggheads well understand even if the Congressional aristocracy does not.) The EPA bureaucrats are smart enough to recognize that sometimes you can get 90% of what you want for $1 billion but it takes $1 trillion to get the other 10%, so practically speaking the EPA needs some latitude on enforcement.
Again, I'm all for slamming the EPA when it does stupid stuff, but the agency is actually trying to mitigate the insanity of the Democrat Congress that passed this turkey. Thus the EPA is actually the good guy here. This is even down from the EPA's earlier proposal of 25,000 tons, which would have affected about 14,000 businesses including roughly 3,000 who do not currently fall under EPA jurisdiction. With this new proposal there should not be any businesses affected that are not currently having to comply with EPA emissions regulations. So while there will be some economic effects as with any new regulations, mostly from the cost of adding sequestration equipment or more likely purchasing carbon offsets (insert obligatory Algore indulgence money dance) and from abandoning some facilities unable to meet the new regulations, at least in a cost-effective manner, it's not going to be devastating. And it will cut CO2 emissions somewhat. Again, let's all remember that if the EPA followed what the Democrat Congress passed, our way of life would be over, period. The EPA is being amazingly restrained in its performance of legally required duties.
http://www.nytimes.com/gwire/2010/0...inal-tailoring-rule-for-greenhouse-32021.html