A newly released economic impact study finds that the Environmental Protection Agency’s “Tailoring Rule” – a back-door Cap-and-Trade style regulation scheme that limits the greenhouse gases industries can emit – jeopardizes over 130 renewable energy projects, between 11,000 and 26,000 green jobs, and $18 billion in capital investment across the country.
Worse, that is just the Tailoring Rule’s effect on a single industry, biomass. Although biomass is generally considered a carbon neutral and renewable energy resource, the EPA included in it’s list of “most wanted” industries. The economies and renewable energy goals of nearly 30 states could be jeopardized.
The study is neatly summarized here on the National Alliance of Forest Owners’ website, along with comments from people central to the industry. The full study is posted below.
Tailoring-Rule-Economic-Impact-Study
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