Actually, it’s not just the Senate Environment and Public Works Committee’s minority contingent that fears the loss of nearly a million jobs from new EPA rules on greenhouse gases and other emissions issues. It’s also groups like the United Steel Workers, Unions for Jobs and the Environment, and experts like King’s College Professor Ragnar Lofstedt. Hot Air got an exclusive look at a report that the EPW minority staff will release later this morning detailing the economic damage that an activist EPA will do to the American economy, and which will come at perhaps the worst possible time, both economically and politically.
The executive summary spells out the stakes involved in the effort to rein in the EPA:
•New standards for commercial and industrial boilers: up to 798,250 jobs at risk;
•The revised National Ambient Air Quality Standard for ozone: severe restrictions on job creation and business expansion in hundreds of counties nationwide.
•New standards for Portland Cement plants: up to 18 cement plants at risk of shutting down, threatening nearly 1,800 direct jobs and 9,000 indirect jobs;
•The Endangerment Finding/Tailoring Rules for Greenhouse Gas Emissions: higher energy costs; jobs moving overseas; severe economic impacts on the poor, the elderly, minorities, and those on fixed incomes; 6.1 million sources subject to EPA control and regulation
Hot Air » Exclusive: EPW report shows new EPA rules will cost more than 800,000 jobs