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Small Business to Be Severely Impacted by Carbon Regulations

Date: June 02, 2014

HARRISBURG, (June 2, 2014) – Pennsylvania’s leading small business group, the National Federation of Independent Business (NFIB), today warned that the energy policy speech by Environmental Protection Agency (EPA) Administrator Gina McCarthy that pushes for exceedingly tough new carbon dioxide emission limits will have a huge negative economic impact on small business in Pennsylvania.  

“Energy costs already are historically high and small businesses already are paying more for healthcare and a flood of new regulations”, said Kevin Shivers, executive state director of NFIB Pennsylvania.  “These additional hikes in energy prices could result in lost jobs and shuttered businesses. Manufacturers will be especially hard hit at a time when that sector is just starting to come back.

“These new standards have little to do with cleaner air. Power companies already have invested billions of dollars on clean-burning technologies and air quality has never been better. The regulations announced today are meant to cripple America’s coal industry in favor of government-supported alternative fuels. These limits are devastating to American manufacturing and threaten thousands of Pennsylvania jobs. The cost to small business was not considered.”

NFIB’s Manager of Regulatory Policy, Dan Bosch, said “Once again, the Administration has not considered the impact of rising electricity prices on small business,” said Bosch. “Small business owners depend on competitively-priced energy supplies to operate and effectively run their businesses. Energy prices have risen dramatically over the last few years with small businesses shouldering much of the cost burden. In fact, according to NFIB’s recent Small Business Problems & Priorities the cost of energy remains one of the top three concerns of small business owners. In order to create an economic environment that supports small businesses and creates jobs, we need to expand our sources of energy – not restrict them.”

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