The cost to administer EPA’s Greenhouse Gas regulations will be staggering if the Tailoring Rule is not upheld according to the agency’s own estimates. The cost of administrative paperwork alone will be nearly $23 billion per year and the agency will require the hiring of 230,000 new government employees to produce 1.4 billion work hours for paper work and permit reviews. However, even if the Tailoring Rule is upheld, there are substantial negative impact on U.S. jobs and GDP growth as I highlighted in my February 2011 testimony before the House Subcommittee on Energy and Power.
EPA’s costly overhead
