what kind of common sense wisdom are we talking about here, can you give an example? understanding the impact of regulation designed to impact both the environment and the economy, two incredibly complex systems our experts are only beginning to understand, isn't generally a matter of common sense

The common sense wisdom I'm referring to is that environmental regulation is in general bad or does more harm than good.

That's an opinion I encounter constantly and it's a meme that was manufactured in PR company meeting rooms, right wing think tanks, and neo-classical economists theoretical models of how the world works.