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    Stopping a Train Wreck: The Transparency in Regulatory Analysis of Impacts on the Nation Act

    The Environmental Protection Agency finalized the Cross State Air Pollution Rule (CSAPR) on July 6th of this year, and is scrambling to implement the Utility Maximum Achievable Control Technology (MACT) Rule, scheduled to be finalized this November; forcing compliance for both rules by New Year’s Day 2012 and 2015 respectively. Both CSAPR and MACT are part of the EPA’s recent regulatory push that has become known as the EPA Train Wreck. Both rules, aimed at controlling emissions from power plants, are unrealistic in their goals and their hasty implementation risks severe economic repercussions.  Congress is set to vote on the Transparency in Regulatory Analysis of Impacts on the Nation (TRAIN) Act in the coming days in an attempt to slow the implementation of the CSAPR and MACT rules so that a proper analysis of the necessity and implications of these regulations can be conducted and the findings reported to Congress next year. Initial independent analysis of the CSAPR and MACT rules reveal troubling implications for the economy.

    The National Economic Research Associates has projected the following as a direct result of combined CSPAR and MACT implementation:

    • $17.8 billion in annual compliance costs nationwide, resulting in and 11.5% spike in the average electricity cost.
    • Potential 23.5% spike in electricity prices in 24 covered by CSPAR rule.
    • 17% increase in natural gas prices.
    • Total cost of $184 billion during 2011-2030.
    • 1.44 million net jobs lost nationwide by 2020.
    • 180,000 net jobs lost each year 2013-2020.

    The Economic Reliability Council of Texas also predicts that compliance within the short time frame set by the EPA could force early retirements of facilities resulting in potential power outages as grids fail to meet demand. Expressing how "deeply concerned" the State of Texas in particular is with these new federal regulations, State Attorney General Greg Abbott recently filed suit against the EPA in the U.S. Court of Appeals demanding a review of the regulations.

    Preliminary and independent reports already conducted stress the need for a larger and more formal analysis; something the EPA failed to do (find out more here: Bureaucrazies 4: Pants on Fire at the EPA). It’s only fair that Congress and the people of the United States have a chance to evaluate these rules instead of facing the consequences of unilateral and recklessly rapid implementation of these regulations by the EPA. The TRAIN act, if passed and signed by President Obama, has the power to avert the high costs, job losses, and power reliability issues bound to be created by CSAPR, MACT, and the EPA as early as next year.

    5 comments
    Bonnie Frank
    09/22/2011

    everything Obama does big or small the entent is to destroy this country, his goal is the world order he and George Soros who calls the shots.

    Michael Grandy
    09/22/2011

    It has reached the point where states should just ignore EPA rules. What are they going to do, send in the National Guard? Obama never misses an opportunity to ignore our Constitution; why should we the people listen to the EPA any longer when they are obviously working with Obama to destroy our energy producing capabilities and make this country another third world trash heap. It's time to stand up in real terms to the tyranny of Obama and this socialist administration!

    margaret.tull1
    09/22/2011

    the epa is minor compared to obama he is is ur biggest foe!!!!!!!!!

    margaret.tull1
    09/22/2011

    impeach obama lease and fast tooo

    margaret.tull1
    09/22/2011

    the epa is minor compared to obama he is is ur biggest foe!!!!!!!!!