Friday, October 21, 2011

Obama's assault on prosperity: Ohio front

Ohio's manufacturing-based economy is under assault from Obama's radicalized Environmental Protection Agency.

Yesterday Kevin Schmidt of the Ohio Manufacturers Alliance discussed the attacks in an op-ed for the Columbus Dispatch:

Among the most troublesome — and imminent — regulations being advanced by EPA are Utility MACT (Maximum Achievable Control Technology) and the Cross-State Air Pollution Rule (CSAPR). Both target coal-fired electricity generation plants. Utility MACT would establish a new standard for the electric-utility industry’s emissions of certain hazardous air pollutants, while CSAPR requires utilities to reduce power-plant emissions that contribute to ozone and fine-particle pollution in other states.
More...

National Economic Research Associates, a firm that evaluates economic impacts for government agencies, associations and businesses, in a preliminary analysis for the American Coalition for Clean Coal Electricity projects that Utility MACT and CSAPR will result in 1.4 million lost jobs nationally over the next nine years, including 53,500 jobs in Ohio. And that’s net job losses, because the research takes into account jobs created by the two new rules as well those that will be lost.

Additionally, according to NERA, utilities' compliance costs for the two regulations would total $17 billion annually and electricity costs in Ohio would increase by about 13 percent.
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