Can the EPA run your property better than you? The Environmental Protection Agency says that its proposal to extend its regulatory powers over wetlands and waterways would produce economic benefits.
Republican lawmakers warn that the agency is trying to extend its power to regulate private property.
The EPA’s rule would redefine the term “waters of the United States” to include all “tributaries, regardless of size and flow, and all lakes, ponds and wetlands within a floodplain” reports E&E News. Other bodies of water, “such as geographically isolated wetlands, would have to be shown on a case-by-case basis to have a significant chemical, physical or biological effect on larger waterways downstream — a major point of concern for environmental groups” E&E added.
According to a document obtained by E&E News purporting to be from the EPA, the Clean Water Act rule would cost the U.S. between $133.7 million and $231 million per year and yield yearly benefits from $300.7 million to $397.6 million — meaning the rule could produce up to $263.9 million in economic benefits a year.
Republicans are displeased.