Existing Power Plant Rule Threatens U.S. Competitiveness
Washington, D.C., June 2, 2014 – The Partnership for a Better Energy Future (PBEF) issued the following statement from spokesman Chad Kolton in response to the Obama Administration’s announcement of major new regulations on existing power plants:
With this new rule, the Environmental Protection Agency is continuing its push to make U.S. electricity less diverse, less reliable and more expensive. The proposed emissions targets cannot realistically be met without forcing substantial closures of existing plants and taking major energy options off the table in the U.S. The resulting impacts on American jobs and the economy could be devastating.
"Last winter showed just how critical a diverse energy mix is to keeping up with demand for electricity and how supplies in many regions of the country are already significantly strained. Further restricting our largest energy sources will mean even fewer options for affordable electricity for American businesses.
"The Obama Administration had ample opportunity to listen to the concerns of energy users across the country and create a rule that was balanced and supported an "all of the above" approach to energy. Today’s announcement shows that they chose instead to push regulations that go too far, too fast without consideration of the consequences for American companies and consumers."
PBEF represents over 80 percent of the U.S. economy and is comprised of more than 150 organizations. The National Association of Manufacturers (NAM) and the U.S. Chamber of Commerce are co-chairs of this coalition that serves as the leading voice in support of a unified strategy and message in response to the Obama Administration’s greenhouse gas regulatory agenda.
Visit the Partnership for a Better Energy Future’s website here, or follow us on Twitter and Facebook.
The Partnership for a Better Energy Future is leading the business and industrial community in support of a unified strategy and message in response to the Administration’s GHG regulatory agenda. The Partnership’s fundamental mission is to ensure the continued availability of reliable and affordable energy for American families and businesses.
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