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There is a long history in the U.S. of vocal and vehement opposition from the political right and pro business groups of any sort of environmental regulation. Peter Gleick at Huffington Post documents that history very well here. Of particular note in Gleick's article is the following chart depicting annual GDP growth from 1929 to the present.
Note how Gleik added to this chart the dates at which different pieces of environmental regulation were implemented. Lo and behold, the economy didn't collapse, or even backslide, when each of these pieces of legislation were introduced. In fact, as Gleik also notes, a peer reviewed 2011 study by the EPA on the 1990 amendments to the Clean Air Act:
The benefits listed above far outweigh any cost to industry in implementing the regulations instituted in the 1990 amendments to the Clean Air Act.
Even if this newest set of regulations causes a temporary setback for the economy the cost is more than worth it. In the long term this is an investment in a cleaner environment, less acidification of oceans, less agricultural disruption, a better respect for our only home, fewer costal cities being wiped out by sea level rise, and a stabilized climate. That strikes me as a damn good investment.