New Regulations Would Increase Electricity Prices & Destroy U.S. Jobs
Alexandria, Va. – Attorneys general representing 24 states, along with the Governor of Iowa, have joined in a bipartisan action to request that the U.S. District Court for the District of Columbia modify its Consent Decree to extend the November 16, 2011 deadline for promulgating EPA’s new Electric Generating Unit Maximum Achievable Control Technology (EGU MACT) rule by one year. In response, American Coalition for Clean Coal Electricity President and CEO Steve Miller released the following statement:
“Key policymakers from 25 states have come to an important, bipartisan conclusion — EPA’s proposed MACT regulations would cause significant harm to their electricity consumers, as well as to the economy of their states and the nation. In asking the federal court to extend the deadline for EPA to finalize the MACT rule on utilities, 24 state attorneys general and Iowa Governor Branstad were correct when they stated, ‘There can be no doubt that the proposed EGU MACT rule will impose substantial new costs on electric utilities, which will be passed along to their industrial, commercial, and residential consumers.’
“The attorneys general and Governor Branstad put a spotlight on the significant job losses that would result from the EGU MACT and the EPA’s recently adopted Cross-State Air Pollution Rule. As one part of the rationale for delaying imposition of the EGU MACT, they stated, ‘Such substantial increases in electricity cost and job loss will further hinder efforts to revive our States’ and the Nation’s economy.’
“In their filing with the court, these 25 states referenced initial analysis conducted by National Economic Research Associates (NERA) for ACCCE. NERA found that the proposed EGU MACT and the final Cross-State Air Pollution Rule would lead to a net loss of more than 1.4 million job years nationwide, along with significant increases in the price of energy. These rules will be among the most expensive regulations ever written for coal-fueled power plants.
“As we struggle to claw our way out of this deep recession, now is not the time for EPA to implement heavy-handed rules that will cost jobs, increase power costs, and threaten the reliability of our electricity. To aid in the economic recovery, our nation needs to continue relying on affordable, reliable electricity from America’s most abundant domestically-produced fuel: coal.”
The 25 states that joined in seeking a one-year delay in promulgating the EGU MACT were: Alabama, Alaska, Arizona, Arkansas, Colorado, Florida, Georgia, Indiana, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Nebraska, North Dakota, Oklahoma, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, West Virginia and Wyoming, along with Terry E. Branstad, Governor of Iowa, on behalf of the people of Iowa.
To see a full report from NERA about EPA’s damaging regulations, please visit: http://www.americaspower.org/NERA_CATR_MACT_29.pdf