And we will learn about new technologies that will lower the cost of improving air quality. This is a familiar pattern. Air quality standards have always been met with claims of economic demise. But then technology catches up. Innovative programs are implemented.
Further research bolsters the initial decision.
In the end, costs are a fraction of the initial claims, and everyone breathes cleaner air. That is exactly the case with the emissions trading system set up in the 1990 Clean Air Act. That's not to say we should be making decisions without sufficient information. That's a credit to Senators Bond and Mikulski. So I do not think we need this bill to authorize more research.