I don’t think it’s a bad thing. We should make polluting activities more expensive. But the accurate version of the statement shows why we won’t do it: most of the increased costs will be passed onto voters. Not only that, but higher gas prices dampen consumer spending and slow economic growth: https://www.brookings.edu/opinions/how-higher-gas-prices-hur...
Focusing on “big evil oil companies” makes for a neat narrative, but it blinds us to reality. There is a reason Obama attacked Romney in 2012 for wanting to shut down a coal plant: https://www.politico.com/blogs/politico44/2012/08/new-obama-... (“New Obama ad hits Romney on coal 'kills people' remarks”). There is a reason Obama still proudly takes credit for fracking: https://www.washingtontimes.com/news/2018/nov/28/obama-takes.... He’s not doing this to appease the Exxon. He’s doing it because making polluting activities cheap is politically necessary.
Poor communities are almost always on the east side of town because (in the Northern Hemisphere) prevailing west winds usually blow the town's pollution east. This is also how the "right" and "wrong" side of the tracks came about.
It bears similarities to heat waves, which mainly kill the poor. You never see headlines about how the last heat wave killed twenty-three investment bankers in their penthouses.
> The move is backed by chemical, oil, and other industry groups that bear the immediate costs of implementing higher standards, and whose customers (which is almost everybody) enjoy lower prices by dealing with the pollution generated by these activities.