PFAS Rule to Cost Many Millions More, EPA Analysis Finds
By Pat Rizzuto | Bloomberg Law | November 23, 2022
Read the full article by Pat Rizzuto (Bloomberg Law)
"Companies would pay hundreds of millions of dollars more to report their production of PFAS and importation of goods made with the chemicals than the EPA originally estimated, according to a revised economic analysis the agency will publish Friday.
Small businesses would be expected to pay $863.5 million rather than $1.8 million to report years of production and importation data that the Environmental Protection Agency would require under a rule (RIN 2070-AK67) it proposed in 2021.
The rule would impose $875 million instead of the $10.8 million the EPA previously estimated for social costs that consumers ultimately would pay, the updated analysis found. Public comment on the revised analyses is due Dec. 27."
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