EPA's New Utility Regulations Another Example of Overregulation

Washington, DC, 03/16/11 -  National Association of Manufacturers (NAM) Senior Vice President for Policy and Government Relations Aric Newhouse released the following statement today in response to the Environmental Protection Agency’s (EPA) proposed Utility MACT rule:
“We are disappointed to see the EPA roll out yet another proposed rule that has a significant impact on manufacturers. The proposed Utility MACT rule announced today is an excessive regulation that will cost billions of dollars, lead to higher electricity prices and cause significant job losses. In addition, electric system reliability could be compromised by coal retirements and new environmental construction projects caused by this proposed rule and other EPA regulations. Stringent, unrealistic regulations such as these will curb the recent economic growth we have seen.

This rule is yet another example of overreaching regulation that will negatively influence the bottom line for manufacturers and the American people. This proposed rule will prevent job creation, future investment and growth and will weaken the global competitiveness of the American manufacturing industry.”