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At the beginning of this month, the EPA set a new national standard for ozone, nudging the maximum allowable concentration down from 75 to 70 parts per billion (ppb). Industry backlash to the ozone standard continues a long tradition of opposing regulation on the grounds that it is too expensive, despite almost 20 years of rebuttal that shows that estimated costs of federal regulations are overblown.

A strategy to reduce greenhouse gas emissions 80 percent from 1990 levels by 2050 would create hundreds of thousands of new jobs in addition to reducing the total costs of energy services and stabilizing the climate, according to new analysis released today.