But WHAT IF – current regulations, in addition to killing jobs, are actually adding to our pollution problems not solving them? Their stated goal is to reduce pollution world-wide. Most recently, their efforts have taken the form of imposing regulations to reduce the methane ‘emissions’ of dairy cows. With that, perhaps it is time to ask (a) whether overregulation is reducing pollution for California and the Globe or (b) whether regulating cows represents an irrational tipping point – even for California. In plain truth, in what economists call the laws of unintended consequences, overregulation is actually adding to worldwide pollution.

Source: Forbes March 08, 2017 17:59 UTC