Yesterday afternoon NAM Vice President for Energy and Resources Policy Ross Eisenberg testified at the Environmental Protection Agency’s (EPA) public hearing on the proposed Greenhouse Gas New Source Performance Standards for Power Plants (GHG NSPS). Manufacturers are extremely concerned about this new burdensome regulation from the EPA which will drive up energy prices and hurt job growth.
Below is a brief excerpt from Eisenberg’s testimony:
“The EPA’s proposed NSPS is a domestic -only policy that sets adangerous precedent: that regulations, as opposed to the market,decide which fuels should be utilized in facilities, a precedent whichcould cascade to other manufacturing sectors. And despite the EPA’s assurances that the rule will not affect existing plants, the EPA in avoluntary settlement agreement has committed to regulate GHGemissions from existing facilities under the same provision, andgroups testifying today have urged the EPA to do so immediately.”
The NAM will be submitting full comments to the EPA outlining our concerns with this rule and what it will mean to manufacturers who use one third of the energy consumed in the U.S. Manufacturers need affordable sources of energy to remain competitive and this rule will certainly damage our ability to compete.
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