Costs will rise
Cry Wolf Quotes
[Requiring small businesses to report their toxic releases would] cost thousands of dollars for over 100,000 small business facilities, many of which have profits in the $10,000 range.
Additional money spent on secondary cleanup standards is not going to make that much difference in air quality, but it will hurt the American steel industry….In short, if it did not have to meet environmental requirements, the steel industry would have the capital to increase its annual shipments from 92 million tons in 1981 to 105 million tons in 1990….The need to meet future environmental requirements will reduce this expansion to 96 million tons.
[There is] no demonstrable need for the program.
[The bill], while well-intentioned, will increase the cost of credit for consumers and small businesses across the country, result in less access to credit for consumers and businesses alike, and may further roil the securities markets -- all at a time when our economy can least afford it.
Evidence
-
Regulations at Work: Five Rules that Save Workers’ Lives and Protect their Health
This paper looks at five worker-safety regulations that were tremendously successful in reducing employee injuries, illnesses and fatalities.
