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EPA proposed rule prompts dueling studies before it's even out


May 30, 2014

Supporters and opponents of the Environmental Protection Agency’s upcoming proposal to limit carbon dioxide emissions from existing power plants have released dueling studies of the estimated costs and benefits of the proposed rule—without having actually seen the proposal.

On the one side, the U.S. Chamber of Commerce released a study concluding that EPA greenhouse gas rules will cost the economy an average of $51 billion per year between 2014 and 2030 plus 224,000 jobs. On the other hand, the Natural Resources Defense Council said that limits on carbon emissions from power plants "can save American households and business customers $37.4 billion on their electric bills in 2020 while creating more than 274,000 jobs."

President Obama is expected to unveil the proposed rule for existing plants on June 2.
 

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