[Public Papers of the Presidents of the United States: George H. W. Bush (1992, Book I)]
[March 18, 1992]
[Page 470]
[From the U.S. Government Publishing Office www.gpo.gov]



Statement on Air Pollution Regulatory Relief

March 18, 1992
    I am today announcing a series of steps that will help clean up air 
pollution in this country and, at the same time, will promote jobs by 
reducing regulatory costs to automobile companies and other major 
transportation industries.
    One of these steps, our ``cash for clunkers'' program, will allow 
States and industries to buy old, high-polluting cars, take them off the 
road, and use the resulting pollutant reductions to satisfy Federal 
clean air standards. This is just one example of the innovative, market-
based approaches to pollution reduction that have been pioneered by our 
Environmental Protection Agency. The result is a cleaner, healthier 
environment and a more competitive economy.
    These and other regulatory changes being announced today should 
provide major benefits to the economy.