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.
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.
[Regulations in the Clean air Act] could effectively ban important new large-scale construction in the future.
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.
