The American Coalition for Clean Coal Electricity (ACCCE) recently highlighted environmental policies driven by the Obama administration that it said are placing an economic burden on entrepreneurs and small businesses.
“This administration has legislated and regulated from the Oval Office, promoting policies that jeopardize access to low-cost and reliable electricity and forcing small businesses to choose between layoffs or shuttering their doors,” ACCCE Senior Vice President of Communications Laura Sheehan said. “They may say they care about small business, but when policies like EPA’s costly Power Plan are placed front and center, actions speak louder than words.”
The organization placed particular emphasis on the EPA’s Clean Power Plan, which would require energy providers across the country to adjust their operations to reduce carbon emissions. The National Federation of Independent Businesses said utilities will need to pass the costs of these new federal requirements along to customers, as utilities will be unable to keep up. An analysis from NERA Economic Consulting suggests that these changes could mean consumers and businesses paying as much as $39 billion more per year on electricity.
“Small businesses should be focused on growth, not on adjusting their business models so they can pay their electric bills,” Sheehan said. “The economic impact resulting from the implementation of this politicized, illegal agenda is damaging and disruptive.”