Environmental vigilance pays – money

In the race to compete in a global economic recovery, the U.S. may have a secret weapon against rivals like China and even economies closer to ours, such as Canada. China may be graduating more engineers and scientists; Canada may have a better health care system; but the U.S. has an unlikely secret weapon that has put American companies and workers in a position to race ahead of the pack for years to come — the Environmental Protection Agency.

While some in Congress, and any number of business leaders, have moaned about environmental regulations, especially the EPA’s nascent efforts to curb carbon emissions, the truth is that thoughtful protection of the environment saves money and lives, which makes America more competitive. By sharp contrast, the Washington D.C. based International Fund for China’s Environment estimates that China must spend at least 2 percent of its GDP annually — over $100 billion — to clean up decades of pollution which now threaten food production, public health, and worker productivity. Without this investment, China will lose far more.

Jump to full article America’s secret economic weapon: the EPA

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