The Briefing Room
General Category => Economy/Business => Topic started by: libertybele on May 10, 2023, 12:13:51 am
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Biden climate regulation could jeopardize nearly a million jobs, tank economic activity by billions: study
The Biden administration's recent proposal to tighten restrictions on fine particulate matter known as PM2.5 would threaten nearly $200 billion in economic activity, according to a study seen by FOX Business.
The proposed air quality regulations, unveiled in January by the Environmental Protection Agency (EPA), would threaten between $162.4 and $197.4 billion of economic activity while putting 852,100 to 973,900 current jobs at risk, according to the study which was conducted by Oxford Economics and commissioned by the National Association of Manufacturers (NAM).
"Improving air quality in the U.S. is a top priority for manufacturers, and we’ve worked for years to make progress in delivering some of the cleanest manufacturing processes in the world," NAM President and CEO Jay Timmons said in a statement to Fox News Digital.
"This analysis makes clear these new regulations will weaken our ability to invest in the technology and processes that would continue to reduce emissions — while jeopardizing high-paying manufacturing jobs," he continued. "We need to let manufacturers do what they do best: innovate and deploy modern technologies to protect the environment, while creating jobs and strengthening the economy."................
https://www.foxbusiness.com/politics/biden-climate-regulation-could-jeopardize-nearly-million-jobs-tank-economic-activity
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This is not a bug of these policies, but a feature
They know it’s going to cost jobs and reduce the standards of living. But it’s a sacrifice they’re willing to make for you in pursuit of their religion
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Durnitall, LMAO -- that's just what I thought when I started reading the article, and was going to post.
One has to realize that the DCommunists view their "policy goals" from a perspective that can be nearly 180 degrees reversed from what those of the right see...