March 10, 2009

Final Socioeconomic Assessment for Proposed Rule 1144-Vanishing Oils and Rust Inhibitors



Using the REMI model, the South Coast Air Quality Management District assessed the secondary and induced impacts of Proposed Rule 1144, which established volatile organic compounds limits for vanishing oils and rust inhibitors and required that containers for vanishing oils and rust inhibitors display the date of manufacture. This proposed rule would affect facilities in the fabricated metal product manufacturing, machinery manufacturing, transportation equipment manufacturing, and petroleum and coal products manufacturing sectors in the Air Quality Management District. Analysts found that the average annual total cost of Proposed Rule 1144 compliance was projected to be $8.11 million from 2010 to 2025 and that, overall, 195 jobs would be forgone annually, on average, in those same years. The rule was expected to cause very few changes in the relative costs of production and prices of goods in the local economy.

South Coast Air Quality Management District – Final Socioeconomic Assessment for Proposed Rule 1144-Vanishing Oils and Rust Inhibitors [full PDF]