UTILITY MACT MYTH VS. REALITY
Myth: Comprehensive energy and climate regulations will create the incentives necessary to build the clean energy economy and help make America a leader for the 21st century.
Reality: The Obama administration’s Environmental Protection Agency (EPA) has been pursuing an aggressive anti-economic growth agenda by attempting to impose radical environmental policies via regulations under the Clean Air Act. These regulations would destroy jobs and stifle economic growth at a time when Americans can least afford it.
Example: On December 21, 2011, President Obama’s EPA announced a final rule commonly known as the “Utility MACT” rule.
HOUSE REPUBLICAN RESPONSE
Last fall, the House approved legislation that would have established an interagency committee to evaluate the economic impacts of EPA regulations and would have provided a stay of three harmful EPA emissions regulations.
Last week, House Energy and Commerce Committee Republicans continued to press the Obama administration for a transparent accounting of the EPA’s recently issued Utility MACT rule. In a letter to the White House Chief to Staff, Republican Committee members cited a recent independent analysis projecting high costs and employment losses under the rule. The independent analysis estimated the following:
The letter further stressed that an accurate cost estimate of the Utility MACT is crucial to determining the total cost and consequences of the EPA’s multiple power sector rules, as well as the cumulative impact of the EPA’s full suite of recent and pending regulations affecting the electricity sector. Several power plants across the country have already announced premature closures and layoffs as a result of EPA’s new regulations.
The president’s policies have stifled the nation’s economy. The American people want accountability.
For questions or further information contact Sarah Makin