ADMINISTRATION ENVIRONMENTAL RULES WOULD RAISE SOARING GRANITE STATE ENERGY COSTS
WASHINGTON, D.C. – With the support of Congressman Frank Guinta (NH01), the U.S. House of Representatives yesterday passedtwo resolutions of disapproval of Environmental Protection Agency (EPA) regulations that Rep. Guinta said would cripple the country’s energy sector and fragile economy.
He pointed to studies showingenergy costs in New Hampshire are some of the most expensive in the nation, discouraging new business and manufacturing in an area losing population.“New Hampshire needs dependable energy to increase its appeal to diverse industries, reliant on low fuel costs, and to attract young workers, leaving for friendlier economic climates. The Granite State exists in a competitive national and global business environment, drawing away our best and brightest, eager to work or start families,” he said.
“New England is on pace tolose ten percent of its local energy output,” elaborated Rep. Guinta. “Renewable fuels have not caught up to demand. Cutting production further, as the EPA plans to do, would raise prices in our own state, especially, where we already have enormous per-unit energy costs.
The Congressional Review Act permits Congress to override federal regulations costing $100 billion or more via an expedited legislative procedure known as a Resolution of Disapproval. The U.S. Chamber of Commerce estimates the EPA’s regulations could cost American homes and businesses $289 billion per year and 224,000 jobs nationwide. One would effectively prohibit new coal-power plants, the country’s largest source of energy. The other would institute a cap-and-trade system that Democrats, when they controlled Congress from 2008 to 2010,declined to pass into law.
“I’m just as concerned about another Administration end-run around the Constitution and Congress – because the public expects its representatives to protect jobs and the economy, as well as the environment. I’ve fought to preserve New Hampshire’s natural resources and will fight to preserve low energy costs, too.”said Rep. Guinta. “We can do both.”
A member of the House Financial Services Committee, the Congressman, the former mayor of Manchester, said new EPA regulations would have the heaviest impact on low- and middle-income Granite Staters, whose energy costs make up a larger share of their take-home pay.