Many large bureaucratic organizations are inefficient, but the EPA is in a class by itself. The EPA is incompetent and wasteful, and it often does more harm than good. It’s time for it to go.
The EPA’s ever-expanding regulations impose huge costs—about $350 billion annually, according to the Competitive Enterprise Institute—on U.S. businesses and, ultimately, on consumers. Many of these regulations are unnecessary. The EPA also misuses taxpayer money, sometimes diverting funds meant for research to things like public relations consultants to burnish its image instead.
Worst of all, the EPA has severely damaged the nation’s competitiveness. Over the decades, the agency has killed off promising innovations in which the U.S. could have been the world’s leader, such as biotech micro-organisms that could clean up toxic waste, including oil spills, and the development of bacteria to protect plants from frost.
Instead, the EPA spends more and more money to address smaller and smaller risks. In one analysis by the federal Office of Management and Budget, of the 30 least cost-effective regulations—in other words, the most wasteful ones throughout the government—the EPA had imposed 17 of them.