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October 13, 2014

Reminder: There’s Still Time to Register Your Opposition to the EPA Power Plant Rule

Last month White House science adviser John Holdren told lawmakers on Capitol Hill that the U.S. Environmental Protection Agency’s (EPA) draft rule concerning emissions from existing power plants would “make only a modest dent in global greenhouse-gas emissions” even though the rule would increase consumers’ energy prices by six to seven percent a year. This admission suggests the EPA should rethink the rule altogether and MSCI reminds is members that they have until Dec. 1, 2014 to tell the EPA it should do just that. The U.S. Chamber of Commerce Institute for 21st Century Energy’s website has a draft letter our members can use. You can simply sign and submit the form letter on the website, but MSCI suggests you personalize it by telling the EPA what your company would have to cut in order to pay for the increased energy prices that would result from this rule. Would you have to cut employment? Benefits? Investment? MSCI also reminds readers that this rule would affect each U.S. state in very different ways. According to SNL Financial, the EPA’s plan “would allow some states to emit much more carbon dioxide per MWh than others, while also requiring some states to make much deeper cuts compared to their historical emissions rates.” Click on this link to see how your state would be affected.