WASHINGTON, D.C. – U.S. Rep. Jim Renacci (OH-16) issued the following statements on the Obama Administration’s and the EPA’s release of the so-called Clean Power Plan’s rules today.
In June 2014, EPA proposed a rule to reduce carbon dioxide emissions from existing fossil fuel-fired power plants, also referred to as the Clean Power Plan. Under the revised proposal, each state would be forced to develop a plan to achieve EPA’s desired carbon mandate targets starting in 2022 and with a final compliance date of 2030.
“Since 2005, Ohio has been on track to reduce overall power plant emissions by 47 percent. Placing costly top-down federal regulations on American’s electrical power system will only harm consumers and Ohio’s most vulnerable citizens in the long run,” said Renacci.
An analysis of the Clean Power Plan conducted by the Ohio Public Utilities Commission predicted that wholesale market energy prices would be 39 percent higher by 2025, costing Ohioans 2.5 billion dollars.
“Today, the President laid the final cornerstone in his Paper Mache legacy with an unlawful EPA rule that will not weather the test of time or congressional and judicial scrutiny,” Renacci said.
In June, the House passed the Ratepayer Protection Act (H.R. 2042) with Renacci’s strong support. The legislation delays the proposal’s compliance deadline until all judicial reviews are finalized and will ensure that no state will be forced to implement a plan if it would have a significant negative impact on their state’s electricity prices or economic well-being.