What Could New Ozone Regulations Cost Georgia?

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1 $ What Could New Ozone Regulations Cost Georgia? $21 Billion Gross State Product Loss from 2017 to ,800 Lost Jobs or Job Equivalents 1 per Year $290 Drop in Average Household Consumption per Year 1 Total job equivalents equal total labor income change divided by the average annual income per job. Updated 8/15. Expensive New Ozone Regulation Will Put the Squeeze on Georgia The Environmental Protection Agency s (EPA) new ozone regulation could be the most expensive ever issued on the American public, costing the nation $140 billion annually, 2 according to a new analysis (updated in August 2015) by NERA Economic Consulting. This regulation will make it harder to get the necessary permits to manufacture goods and build critical infrastructure like roads and highways in Georgia, while increasing the cost of energy for every business and household in the state. The picture gets even worse for the counties in the red and orange in the maps in figure 1. In these areas, manufacturers won t be able to expand without a reduction of emissions or shutdown of operations from other plants in the area. Plans for new plants and expansion at existing plants will be shelved. Federal highway funds could freeze and economic growth could grind to a halt. Figure 1: Projected Nonattainment with a 65 Parts Per Billion (ppb) Ozone Standard Areas with monitors Unmonitored but likely to exceed 65 ppb CA Projected Nonattainment in Georgia (65 ppb) OR WA NV ID Projected 8-Hour Ozone Nonattainment Areas AZ UT MT WY NM CO ND SD NE KS OK MN IA MO AR WI IL MI IN MI TN KY OH WV SC NC VA NY PA NJ MD DE DC VT NH MA RI CT ME MS AL GA 2 This estimate only accounts for the costs and related economic impacts of bringing the country into attainment with a 65 pbb ozone standard. It does not account for any additional costs incurred by businesses complying with maintenance requirements for attainment areas. This estimate also does not account for any potential curtailment of energy production in nonattainment areas. In NERA s July 2014 report measuring a 60 ppb ozone standard, they found that a significant curtailment of natural gas production in nonattainment areas could further reduce GDP by $90 billion per year and cost an additional 1.4 million job-equivalents per year. TX LA FL Monitored CBSAs and rural counties that would be violating a 65 ppb standard Unmonitored areas that are anticipated to violate a 65 ppb standard based on spatial interpolation Projected Nonattainment in the United States (65 ppb) Based on a 3-year period, Source: URS, July 7, 2014 Source: URS

2 Barrow 80 Bartow 80 Butts 80 Carroll 80 Cherokee 80 Clayton 80 Cobb 80 Coweta 80 Dawson 80 DeKalb 80 Douglas 80 Fayette 80 Forsyth 80 Fulton 80 Gwinnett 80 Haralson 80 Heard 80 Henry 80 Jasper 80 Lamar 80 Meriwether 80 Morgan 80 Newton 80 Paulding 80 Pickens 80 Pike 80 Rockdale 80 Spalding 80 Walton 80 Baldwin * 74 Jackson * 74

3 Putnam * 74 Greene * 73 Bibb 71 Catoosa 71 Crawford 71 Dade 71 Hall * 71 Jones 71 Monroe 71 Twiggs 71 Walker 71 Wilkinson * 71 Banks * 70 Lumpkin * 70 Upson * 70 Burke 69 Columbia 69 Johnson * 69 Lincoln 69 McDuffie 69 Richmond 69 Washington * 69 Clarke 68 Glascock * 68 Hancock * 68 Jefferson * 68 Laurens * 68 Madison 68 Murray 68 Oconee 68 Oglethorpe 68

4 Polk * 68 Treutlen * 68 Warren * 68 Whitfield 68 Bleckley * 67 Emanuel * 67 Franklin * 67 Houston * 67 Peach * 67 Talbot * 67 Taliaferro * 67 Dodge * 66 Fannin * 66 Gilmer * 66 Gordon * 66 Hart * 66 Stephens * 66 Taylor * 66 Chattahoochee 65 Chattooga 65 Floyd * 65 Harris 65 Jenkins * 65 Marion 65 Muscogee 65 Pulaski * 65 Telfair * 65 Wheeler * 65 Brooks * 64 Colquitt * 64 Decatur * 64

5 Grady * 64 Mitchell * 64 Montgomery * 64 Quitman * 64 Stewart * 64 Thomas * 64 Towns * 64 Union * 64 White * 64 Wilkes * 64 Baker * 63 Ben Hill * 63 Calhoun * 63 Candler * 63 Clay * 63 Cook * 63 Crisp * 63 Dooly * 63 Dougherty * 63 Early * 63 Elbert * 63 Habersham * 63 Irwin * 63 Lee * 63 Macon * 63 Miller * 63 Rabun * 63 Randolph * 63 Schley 63 Seminole * 63 Sumter 63

6 Terrell * 63 Tift * 63 Troup * 63 Turner * 63 Webster * 63 Wilcox * 63 Worth * 63 Berrien * 62 Bryan 62 Chatham 62 Effingham 62 Bulloch * 61 Charlton * 61 Clinch * 61 Echols * 61 Evans * 61 Lanier * 61 Liberty * 61 Lowndes * 61 Screven * 61 Atkinson * 60 Camden * 60 Coffee * 60 Long * 60 Tattnall * 60 Toombs * 60 Ware * 60 Jeff Davis * 59 Appling * 58 Bacon * 58 Brantley 58

7 Glynn 58 McIntosh 58 Pierce * 58 Wayne * 58