Report: Consumer Impact of California's Green Chemistry Initiative

By CMTA Staff

Capitol Update, Oct. 18, 2012 Share this on FacebookTweet thisEmail this to a friend

A new economic impact analysis of the California Safer Consumer Products regulation (green chemistry regulation) by the California Foundation for Commerce and Education (CFCE), an affiliate of the California Chamber of Commerce, has revealed significant negative implications from the regulation and major flaws in the Department of Toxic Substances Control’s (DTSC) efforts to conduct an economic analysis per the requirements of the Administrative Procedures Act (APA).    According to the report, DTSC failed to provide and perform the required fiscal and economic analysis needed to assess the regulations impact on state consumers, economic growth, job performance and overall competitiveness.  Major report findings include that business costs may skyrocket to $150 billion over the next 25 years and result in the loss of an estimated 100,000 jobs; benefits of the program, according to the report, would not materialize until ten to twenty-five years in to implementation.

For more information, please see http://www.calchamber.com/GovernmentRelations/Documents/Consumer_Impact_of_California_Green_Chemistry_Initiative.pdf.

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