On Thursday The Hill reported that new Environmental Protection Agency regulations have caused American Electric Power to shut down five power plants and spend billions of dollars to comply with the regulations.
The article reports:
""Let me be clear, it's decisions like the one made by AEP today that demonstrate the urgent need to rein in government agencies like the EPA, preventing them from overstepping their bounds and imposing regulations that not only cost us good American jobs, but hurt our economy," said (Sen. Joe) Manchin (D-W.Va.), an outspoken critic of the EPA.
"But EPA defended its regulations Thursday, noting that the agency has worked closely with industry to ensure that its regulations are "reasonable, common-sense and achievable.""
There is a need for balance between jobs and the environment. I don't think anyone is actually in favor of dirty air or dirty water. However, I think that to institute extreme environmental regulations at a time when the country is going through difficult economic times is destructive. The regulations involved are 'pending.' I hope they remain pending instead of being put into place.
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