Tuesday, August 30, 2011

Ten Job-Destroying Regulations

National Review article by Andrew Stiles. Here a few of them:
"MACT and CSAPR Utility Standards
The Obama administration has proposed new maximum-achievable-control-technology (MACT) standards and a cross-state air-pollution rule (CSAPR) for utility plants that will have a direct impact on utilities prices across the country. The new rules will affect more that 1,000 fossil-fuel-fired power plants, a number of which will likely be forced to shut down. As a result, Americans in many parts of the country could find themselves paying anywhere from 12 to 24 percent more for electricity. The House will vote next month on the Transparency in Regulatory Analysis of Impacts on the Nation (TRAIN) Act, sponsored by Rep. John Sullivan (R., Okla.), which would mandate a cumulative economic analysis for regulations proposed by the Environmental Protection Agency (EPA) and delay implementation of the new utility standards until the full impact of the administration’s regulatory agenda can be sufficiently analyzed.


Boiler MACT Rules
The EPA’s new “boiler MACT” rules would impose stricter emissions standards for some 200,000 commercial, institutional, and industrial boilers nationwide, and stand to dramatically impact the thousands of American businesses — from hospitals to factories to universities — that use them. EPA officials estimated the cost of the new rules at about $10 billion, though others predict the true cost will be almost double that figure. The U.S. Small Business Administration warned that the rules would cause “significant new regulatory costs” for businesses, institutions, and municipalities across the country, with the American forest and paper industry alone expected to see an additional burden of at least $5–7 billion in new capital and compliance costs. A U.S. Commerce Department analysis predicted job losses of up to 60,000 as a result of the stricter requirements — much greater than the EPA had initially claimed — while some estimates put the job loss figure at closer to 200,000. The EPA Regulatory Relief Act, sponsored by Rep. Morgan Griffith (R., Va.), would impose a stay on four related EPA regulations issued earlier this year and give the agency more time to issue new, less onerous rules. The House will vote on the bill in early October.


Coal Ash Regulations
The EPA has, for the first time ever, proposed national restrictions on coal ash, a byproduct of coal-burning power plants. Utility and power producers predict the cost of these rules will exceed $100 billion and force them to retire about one-fifth of the nation’s coal capacity, which could mean the loss of well over 100,000 jobs. The nonpartisan Congressional Research Service, which conducts policy research for lawmakers, says that the new restrictions are likely to force many coal plants to shut down between now and 2017. Rep. David McKinley (R., W.Va.) has sponsored legislation that would create a minimum standard for coal ash and would allow states to impose further regulations of their own as they see fit. The House plans to take up McKinley’s bill in late October.

EPA Ozone Rule
His cap-and-trade legislation having failed to win the support of Congress, President Obama has sought to push ahead with his environmental agenda through the EPA and the creation of strict new ozone-pollution standards. Many Republicans view this as the single most harmful regulation proposed by the administration and estimate that the total cost of implementation will be at least $1 trillion over a decade and millions of jobs. The EPA is expected to propose a readjustment of the regulatory standard for ozone from its current level of 0.075 parts per million (ppm) down to somewhere in the range of 0.060 to 0.070 ppm. Despite the fact that the normal EPA procedure doesn’t call for a review of ozone standards until 2013, the agency is expected to introduce the new rule early this fall, at which point the House Energy and Commerce Committee will take swift action to forestall its implementation.

EPA Greenhouse-Gas Requirements
As part of the Obama administration’s wildly ambitious goal to reduce America’s greenhouse-gas emissions by 28 percent by 2020, the EPA is expected to revise its greenhouse-gas new source performance standards (NSPS), which impact all new and existing oil, natural-gas, and coal-fired power plants, as well as oil refineries, across the nation. Furthermore, the EPA and the Department of Transportation have jointly conceived new regulations that would — for the first time ever — require stricter emissions and mileage standards for medium- and heavy-duty trucks. These new standards would affect everything from delivery vans to full-size pickups and buses. According to an analysis by Sen. John Barrasso (R., Wy.), the new rules would cost consumers an additional $1,000 per vehicle, at a total cost of more than $8 billion. As with the aforementioned ozone restrictions, chairman Fred Upton (R., Mich.) and the Energy and Commerce Committee are expected to take preventative action as soon as the new regulations are introduced."

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.