MTBE latest victim of US environmental overregulation?

02/26/2001
The current efforts in the US to ban the use of the gasoline oxygenate methyl tertiary butyl ether underscores how overzealous and wrong-headed enforcement of US environmental regulations continues to damage the country's economy.By 1990, direct compliance costs and productivity growth-inhibiting effects from environmental regulations had taken a bite out of US economic growth.Real gross domestic product probably could have been 20.65% higher than the US actually attained by that time (see chart and Marxsen, 2000, p. 76).Today, environmental regulations are giving the US an even larger and still-growing cumulative shortfall in real GDP growth. A command-and-control regulatory approach...
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