No, EPA is not a golden goose whose rules magically create wealth.
Bob Perciasepe says that the new Tier 3 regs will prevent 2,400 deaths annually, each valued at about $9 million, against costs of about $3 billion per year. But the death toll is entirely made-up as is the valuation of lives. For details read pp. 8-16 of “EPA’s Clean Air Act: Pretending That Air Pollution Is Worse Than It Is.”