Refiners are still in the mode of resisting new government regulatory initiatives and are not acknowledging that reducing pollution is not only good for the environment, but also has an economic return.
Bad policy locks in old technology through "grandfather clauses," specifies particular technology approaches, or tries to build customized regulations for every company and situation. This approach creates enormous costs.
Given the urgency of the climate crisis, its global dimension, and the cumulative impact of greenhouse gases remaining in the atmosphere, it is reasonable to wonder if EPA's climate regulation is too little, too late.
The GOP's attack on regulation is part of a larger attempt to discredit the idea that government can play a positive role in people's lives. That attack is itself based on a fantasy -- that in the absence of government, human action would yield generally optimal outcomes for society as a whole.