Make it your homepage |   E-mail: Subscribe Unsubscribe

U.K. Manufacturing Must Embrace Services Boom


Sunday, May 26, 2013
News Making Money

U.S. Chamber Files Petition Asking EPA to Reconsider Endangerment Finding

16/03/2010 11:16 (1166 Day 14:28 minutes ago)

The FINANCIAL -- Steven J. Law, chief legal officer and general counsel of the U.S. Chamber of Commerce, on March 15 issued the following statement on the Chamber’s petition asking the U.S. Environmental Protection Agency (EPA) to reconsider the endangerment finding that triggers Clean Air Act regulation of greenhouse gases.

ADVERTISEMENT


“The Chamber believes that the right way to reduce greenhouse gas emissions in the atmosphere is through bipartisan legislation and comprehensive international agreement. The wrong way is through the EPA’s endangerment finding, which triggers Clean Air Act regulation.
 
“Today, the Chamber petitioned the EPA to reconsider its endangerment finding in light of new information that became available only after the close of the period for public comment.  The Chamber has also asked the EPA to stay the endangerment finding until the Agency has an opportunity to act on the Chamber’s petition for reconsideration. The Chamber’s petition focuses exclusively on admissions made by the EPA and also by the Department of Transportation, and not on scientific issues related to climate change or endangerment.
 
“The Chamber has long warned that regulating greenhouse gases under the Clean Air Act would be bad for jobs and local economies. Last October, four months after the deadline for the public to submit comments on the endangerment finding, the Agency formally acknowledged the ‘absurdity’ of regulating greenhouse gases under the Clean Air Act. 
 
“According to the EPA, regulating greenhouse gases under the Act would subject an additional 6 million small facilities – including hospitals, small farms, restaurants, hotels and office buildings – to an onerous and costly permitting process. The EPA has admitted that such an unprecedented regulatory expansion would ‘paralyze’ and ‘overwhelm’ permitting authorities, leaving businesses waiting months or even years to get the permits they need to keep operating. This admission by the EPA undermines the basis for the endangerment finding, and justifies reopening the process.
 
“We continue to call for Congress to address climate change policy through the legislative process, rather than having the government misapply environmental statutes like the Clean Air Act or Endangered Species Act that were not created to regulate greenhouse gases.”

 

 

Make Your Comment

Add NewSearchRSS
Only registered users and facebook social network members can write comments!

This text is replaced by the Flash movie.



TRAVEL BIZ »
PRESS RELEASES »
FINANCIAL »
UKRAINE »
GEORGIA »
WORLD »
BANKS »
BUSINESS »
TECH »
MARKETS »
B SCHOOLS »
SPECIAL REPORTS »

Politics
“The ECA’s role of external auditor of the EU is more important than ever in its 35-year history”

09/05/2013 06:55 (16 Day 18:49 minutes ago)

The FINANCIAL -- Luxembourg Prime Minister Juncker, Minister of State Perry representing the Irish Presidency of the Council, and ECA President Caldeira, spoke today - the eve of Europe Day - at the inauguration of the ECA’s new building, about the challenges facing the European Union and the role of the European Court of Auditors .

Read more...
Markets
6.7 million people or 38% of the adult Australian population invested in the Australian share market

22/05/2013 05:57 (3 Day 19:47 minutes ago)

The FINANCIAL -- 6.7 million people or 38% of the adult Australian population invested in the Australian share market, either directly or indirectly, in 2012 shows the Australian Share Ownership Study released by the Australian Securities Exchange (ASX).

INSURANCE
Allianz experts: Technology and consumers are main drivers behind changing mobility habits

23/05/2013 04:54 (2 Day 20:50 minutes ago)

The FINANCIAL -- Allianz mobility experts agree that advanced systems are revolutionizing the vehicles and increasing road safety, new consumer emancipation is leading to new mobility business models and the individually owned car is loosing some of its attractiveness due to considerations of affordability, traffic congestions and less interest in cars than a generation ago, according to  the new “Allianz Risk Pulse”.

Read more...






Developed by Aleksandre Chiabrishvili

Design built by Creo Group