MSCI Signs Letter Opposing EPA’s Proposed New Ozone Standards
Last week, MSCI and nearly 270 other organizations sent a letter to President Barack Obama opposing the U.S. Environmental Protection Agency’s (EPA) proposed new standards for ozone. (Read MSCI’s in-depth analysis of this rule here.) The letter, which was organized by the National Association of Manufacturers (NAM), argued the president should urge the EPA to keep current standards in place.
The letter discussed the devastating economic effects of this rule and argued, “We are committed to ensuring a clean and safe environment now and in the future. However, we also stand to bear the brunt of the economic pain from a regulation that will make it difficult to manufacture products, build new projects, produce energy, improve infrastructure and hire the workers needed to make this all happen.” The letter also appeared as a print advertisement in The New York Times and The Washington Post. The NAM is also running television ads in the Washington, DC media market opposing the proposed new standards. You can view that ad online here.
MSCI and its allies were not the only ones to weigh in against the rule last week. In addition to our efforts, 135 members of the U.S. House sent a letter to the EPA also asking for the current standards to stay in place. Fifteen Democratic members of the House joined the letter, which said the proposed regulation would “affect all aspects of our communities and municipalities, including consumers and vital utilities.” MSCI understands from NAM that members of the U.S. Senate are working on a similar letter.