Manufacturers: Inhofe Resolution on Utility MACT Will Save Jobs
2/16/2012 9:54:00 AM
Washington, D.C., - National Association of Manufacturers (NAM) Senior Vice President for Policy and Government Relations Aric Newhouse issued this statement in support of Sen. James Inhofe's (R-OK) "resolution of disapproval" through the Congressional Review Act to repeal the Environmental Protection Agency's (EPA) Utility MACT rule:
"The EPA's overreaching Utility MACT rule has already begun to cost jobs and harm our competitiveness, and the regulation's negative impacts will continue to be felt throughout the economy. The EPA's own estimates state that the rule will cost utility companies $10 billion annually by 2016. As users of one-third of the energy consumed in the United States, an increase in electricity prices would severely harm manufacturers' ability to compete globally.
Manufacturers are looking to Washington for policies to enable investment, growth and job creation, not more burdensome regulations from the EPA and other agencies. Sen. Inhofe's effort to repeal the Utility MACT rule will help give manufacturers more certainty while stopping an extremely harmful regulation.
We need an 'all-of-the-above' energy policy to keep manufacturing competitive. That should include clean coal as well as the Keystone XL pipeline. Harmful regulations that pick winners and losers will only inhibit economic growth and job creation."