Bad for business
Commentary
The Great Regulation Charade
Cry Wolf Quotes
In effect, this bill would outlaw a number of engine lines and car models including most fullsize sedans and station wagons. It would restrict the industry to producing subcompact-size cars — or even smaller ones — within 5 years . . .
Testimony submitted to this hearing by the Natural Resources Defense Council (NRDC) proposes a series of changes to federal environmental law that taken together can only serve to cripple American oil and natural gas production without attendant environmental benefits....The Committee – and more broadly the Congress – should summarily reject NRDC’s proposals. They follow the tired path of alleging to the Congress the need to change laws and regulations that do not follow NRDC’s world view and where NRDC and its allied professional anti-development organizations have failed to change the regulatory program through the normal processes or by appealing to the court system. This collection of proposals will have one clear effect – less exploration and production of American oil and natural gas and more foreign dependency. This is hardly an energy policy that makes sense of America.
Not only is disclosure of this confidential trade secret data unnecessary to safety and health protections but raises serious questions regarding the taking of private property without compensation and due process in violation of Constitutional rights.
In summary, then, the proposed regulation could have a very serious adverse impact on my company, an impact which cannot be justified by any demonstrable benefit to our employees, to the employees of our customers, or to the general public.
