Monday, September 26, 2011

EPA: Killing the US Economy

Just a couple of EPA regulations.

The analysis, done on behalf of ACCCE by NERA, relies on state-of-the-art modeling tools, as well as government data for almost all of its assumptions. NERA’s analysis projects that EPA’s Cross-State Air Pollution Rule and proposed Maximum Achievable Control Technology, coal combustion residuals, and cooling water intake requirements for power plants would, over the 2012-2020 period:
** Cost the power industry $21 billion per year;
** Cause an average loss of 183,000 jobs per year;
** Increase electricity costs by double digits in many regions of the U.S.;
** Cost consumers over $50 billion more for natural gas; and
** Reduce the disposable income of the average American family by $270 a year

--quoted at Gateway

No comments: