Manufacturers urge Senate to halt costly EPA regulation.
Press Release Summary:
June 21, 2012 - NAM Senior VP of Policy and Government Relations, Aric Newhouse, issued statement in support of Sen. Jim Inhofe's (R-OK) joint resolution of disapproval, S.J. Res. 37, to use Congressional Review Act to overturn EPA's Utility MACT rule. According to Newhouse, Utility MACT rule, when combined with other power plant regulations, will result in loss of 1.65 million jobs nationwide by 2020 and will increase electricity bills by more than 10% in some large manufacturing regions.
Original Press Release
Manufacturers Urge Senate to Halt Costly EPA Regulation
Press release date: June 18, 2012
Washington, D.C., - National Association of Manufacturers (NAM) Senior Vice President of Policy and Government Relations Aric Newhouse issued this statement in support of Sen. Jim Inhofe's (R-OK) joint resolution of disapproval, S.J. Res. 37, to use the Congressional Review Act to overturn the Environmental Protection Agency's (EPA) Utility MACT rule:
"At a cost of nearly $95 billion, the Utility MACT rule will be one of the most expensive rules ever issued by the EPA. This regulation, when combined with other power plant regulations, will result in a loss of 1.65 million jobs nationwide by 2020 and will increase electricity bills by more than 10 percent in some large manufacturing regions. With unemployment back up to 8.2 percent in May, this EPA regulation is the wrong move at the wrong time.
Manufacturers face a 20 percent cost disadvantage in the United States compared to our largest trading partners; recent EPA regulations such as Boiler MACT, NSPS for new power plants and Utility MACT only serve to exacerbate the problem. Sen. Inhofe's resolution takes an important step to reining in the EPA by halting the Utility MACT regulation. Instead of looking for new ways to threaten the livelihood of manufacturing workers and their families, Washington should be working to create an environment where businesses can grow and create jobs."
The National Association of Manufacturers is the largest manufacturing association in the United States, representing manufacturers in every industrial sector and in all 50 states. Manufacturing has a presence in every single congressional district providing good, high-paying jobs. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.