Endangered Species Law Costing the Economy Hundreds of Billions of Dollars, Says CEI

(From The Washington Examiner)

Protecting endangered species could be costing the economy hundreds of billions of dollars above the federal government’s official estimates, according to a new study released Tuesday.

The libertarian think tank Competitive Enterprise Institute estimates that the cost of protecting animals on the endangered species list skyrockets from tens of billions to hundreds of billions of dollars annually when factoring in broader economic cost, such as lost investment opportunities for energy development.

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