Business Roundtable
Commentary
Cry Wolf Quotes
This study leaves little doubt that a minimum of 200,000 (plus) jobs will be quickly lost, with plants closing in dozens of states. This number could easily exceed 1 million jobs-and even 2 million jobs--at the more extreme assumptions about residual risk.
[Regulations in the Clean air Act] could effectively ban important new large-scale construction in the future.
The imposition of large cost burdens on the private sector [rests] ultimately on the U.S. economy. [Additionally there are] many less visible secondary effects that cause substantial incremental costs…to society generally. [These include] losses in productivity of labor, equipment, and capital, delays in construction of new plants and equipment, misallocation of resources and lost opportunities.
We believe the way in which the law is currently administered conflicts with other important national goals -- the need to increase productivity levels, to create new jobs and to spur development of domestic energy sources.