The South Coast Air Quality Management District conduced a socioeconomic analysis assessing the impacts of Proposed Amended Rule 1111-NOx Emission from Natural-Gas-Fired, Fan-Type Central Furnaces in reaching the targets of 2.5 tons of NOx emission reductions per day in 2023 and less than one-tenth of a ton of NOx emission reductions per day in 2014. The macroeconomic analysis that assessed the total socioeconomic impacts of these proposed amendments using the REMI PI+ model estimated that an average of 221 jobs would be foregone annually from 2013 to 2025 across all industries in the four-county area. Increases in prices of furnaces were translated to reductions in consumers’ purchasing power and the increased cost of doing business for affected industries. The sectors of construction, and real estate and rental and leasing were projected to average 47 and 36 annual jobs forgone, respectively, resulting from purchasing compliant furnaces.
