Manufacturers: Utility MACT Is Extremely Costly Regulation
EPA’s Rule Will Cost Manufacturing Jobs
National Association of Manufacturers (NAM) President and CEO Jay Timmons issued this statement on the Utility MACT rule released today by the Environmental Protection Agency (EPA):
“EPA Administrator Lisa Jackson has finalized one of the most costly regulations that will do more damage to our economy and job growth. In 2015 alone, Utility MACT will cost $11.4 billion. Utility companies have made clear that they will be forced to shut down power generation plants throughout the country, and the reliability of the power grid will be threatened if this rule is implemented.
The EPA continues to move forward with an overly aggressive agenda that is harming manufacturers’ ability to compete. Electricity prices will go up with this regulation, impacting many consumers nationwide. Manufacturers use one-third of our nation’s energy supply, so a jump in energy prices will have a devastating impact on companies of all sizes, harming their ability to create jobs, invest and grow.
The cumulative burden manufacturers are facing from EPA regulations such as Boiler MACT, national ambient air quality standards, the Cross-State Air Pollution Rule and various other MACT regulations is causing uncertainty for job creators throughout the economy. Manufacturers need policies that will allow them to grow and create much-needed jobs to get Americans back to work.”