Jennifer Scott (202) 249-6512
November 30, 2010
Economic and Jobs Impacts Must Be Understood Before Rule is Finalized
WASHINGTON, D.C. (November 30, 2010) - The American Chemistry Council today applauded a request by Congressmen Ed Whitfield (R-Ky.) and Fred Upton (R-Mich.) for release of a U.S. Commerce Department economic impact analysis of the U.S. Environmental Protection Agency's (EPA) Boiler MACT rule. The lawmakers' request, contained in a letter sent to Commerce Secretary Gary Locke today, asks the Department to 'share the study's findings with Congress, other administrative agencies, and the American public.'
"We commend Congressmen Whitfield and Upton for their initiative in calling for release of this important study, and we echo their request," said
, President and CEO of the American Chemistry Council. "We are very concerned about any regulatory proposal that would undermine our members' ability to invest in the United States, protect high-paying domestic manufacturing jobs, and remain competitive in global markets. Economic impacts must be understood before EPA completes work on the rule."
"While EPA has suggested no or minimal economic and jobs impacts from the proposed boiler rule, industry and even another federal agency have a different view," Dooley continued. A study by IHS Global Insight on behalf of the Council of Industrial Boiler Owners projects high capital costs and the loss of hundreds of thousands of American manufacturing jobs, while formal comments by the U.S. Small Business Administration warned EPA of significant new regulatory costs for America‟s small businesses, institutions and municipalities.
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