OLYMPIA, Wash., Oct. 15, 2014—A new study released today by the nation’s largest small-business association predicted a loss of up to 11,000 jobs in a five-year period should Gov. Jay Inslee press ahead with his plan to impose lower carbon fuel standards.
In addition to lost livelihoods, the study, Private Sector Disemployment Effects of a New Low Carbon Fuel Standard in Washington State, minced no words in calling the governor’s LCFS (Lower Carbon Fuel Standards) what it actually is: a tax on gasoline.
“Imposing taxes of this magnitude on the consumption of gasoline in Washington would easily make Washington the state with the highest gasoline tax in the nation,” wrote the study’s author, Michael Chow, senior data analyst for the Research Foundation of the National Federation of Independent Business. “All other things being equal, businesses will have to pay more in energy costs to produce the same amount of goods and services … At the household level, higher gas prices mean a combination of lower savings and reduced consumption of goods and services.”
“We’ve heard politicians say addressing climate change is a ‘moral imperative,’ ” noted NFIB’s Washington State Director Patrick Connor. “But how is it moral, or just, to deprive 11,000 families of their livelihoods – and force every Washington family to pay more for fuel in a quixotic quest that will have a negligible effect on global climate? At a minimum, Washington families deserve to have this issue debated, fully and openly, in the Legislature, rather than decided by a hand-picked few and implemented by executive order or agency rule.”
The study by NFIB’s Research Foundation, which can be read here
in its entirety, used the most sophisticated economic modeling (REMI PI+) to draw its conclusions. With more than 350,000 dues-paying members nationwide, including more than 8,000 in Washington state, NFIB is America’s largest and leading small-business association.
For more than 70 years, the National Federation of Independent Business has been the Voice of Small Business, taking the message from Main Street to the halls of Congress and all 50 state legislatures. NFIB annually surveys its members on state and federal issues vital to their survival as America’s economic engine and biggest creator of jobs. NFIB’s educational mission is to remind policymakers that small businesses are not smaller versions of bigger businesses; they have very different challenges and priorities.
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