A recent study by NERA Economic Consulting, commissioned by the National Association of Manufacturers (NAM), examines the next big threat from EPA’s regulatory agenda, a stricter ozone regulation. This means a lower limit on ground level ozone through the National Ambient Air Quality Standards (NAAQs) program from 75 parts per billion (ppb) to anywhere from 70 to 60 ppb. NERA contends that lowering the limit to 60 ppb “would be the most expensive regulation ever imposed on the American public” and says “barriers to energy production could severely limit economic growth and hinder the nation’s manufacturing comeback.”