Hal Quinn, President and CEO of the US National Mining Association (NMA), has issued the following statement on the increasing impacts on households and manufacturers of the US Environmental Protection Agency's (EPA) Mercury and Air Toxics (MATS) regulation, and the agency's pending Clean Power Plan for reducing carbon dioxide emissions from existing power plants expected this summer.
"Today the most costly and unbalanced regulation in EPA's history takes effect and guarantees Americans will pay substantially more for their electricity for years to come,” said Quinn. “With an annual price tag of almost US$10 billion, EPA estimates that its MATS rule will return at most US$6 million in benefits—with most of the costs attributable to regulating emissions the agency found pose no danger.”
Quinn went on to criticise the EPA’s opposition to the Ratepayer Protection Act, which aims to empower state governors to resist the EPA’s proposal to reduce carbon emissions, the Clean Power Plan.
"EPA assured members of the House Energy and Commerce Committee that the agency will address cost and reliability concerns in its new costly power plan,” Quinn said, noting that a similar pledge had been made for the MATS rule – only for the EPA to declare it was free to ignore the cost impacts when it issued the final rule.
"As the nation's governors weigh signing up their states for EPA's Clean Power Plan, they should consider the damage EPA has already done to the states' rate payers, manufacturing base and electric grid,” concluded Quinn.
Read the article online at: https://www.worldcoal.com/coal/17042015/nma-warning-on-latest-epa-regulation-coal-2186/