Feb 24, 2016

Statement on Nevada EPA Lawsuit to Protect Affordable and Reliable Energy

Post by Freedom Partners

Arlington, VA – In the wake of the Supreme Court’s decision to stay the EPA carbon rule, Nevada has now joined in the legal challenge by 27 other states to protect middle-class families and businesses from harmful and costly carbon regulations.

 Freedom Partners Director of State Initiatives Nathan Nascimento issued the following statement:

“With the Court’s decision to put the brakes on the disastrous EPA carbon regulations, state leaders realize more than ever that the last thing they should do is commit themselves to harmful federal mandates that will do nearly nothing to benefit the environment. Instead of rolling over for a wildly unpopular and legally questionable EPA rule that will drive up costs on the middle class and destroy jobs, states like Nevada understand that public interests come first – not the President’s special interests. Attorney General Laxalt should be commended for his commitment to affordable and reliable energy for Nevada.”

BACKGROUND

EPA Carbon Regulations Would  Have A Harmful National Impact

The Cost Of Complying With The Clean Power Plan Could Be About $366 Billion Over A 15-Year Period. “The net result is that energy system costs would be greater by about $366 billion in present value terms over the period from 2017 through 2031 under the State Unconstrained (BB1-4) scenario.” (David Harrison, Jr. And Anne E. Smith, “Potential Energy Impacts Of The EPA Proposed Clean Power Plan, NERA Economic Consulting, October 2014)

“NERA Concluded That The EPA’s Rule Would Cost Consumers And Businesses $41 Billion Or More A Year, Nearly Five Times The Costs Of All Clean Air Act Rules For Power Plants Prior To 2010.” (Timothy Cama, “Industry-Backed Report Says EPA Climate Rule To Cost $366B,” The Hill, 10/16/14)

“Compliance Spending Will Total $29 Billion To $39 Billion Per Year.” (American Coalition For Clean Coal Electricity, “FAQs About NERA’s Analysis Of The Clean Power Plan,” November 2015)

“Compliance Spending Over The Period 2022 To 2033 Will Total $220 Billion To $292 Billion.” (American Coalition For Clean Coal Electricity, “FAQs About NERA’s Analysis Of The Clean Power Plan,” November 2015) 

“NERA Said The Proposed Rule Would Close 45,000 Megawatts Of Coal-Fired Power Generation Capacity, Which Is More Than New England’s Entire Capacity.” (Timothy Cama, “Industry-Backed Report Says EPA Climate Rule To Cost $366B,” The Hill, 10/16/14)

“All Of The Lower 48 States Will Have Higher Electricity Prices Because Of The Clean Power Plan.” (American Coalition For Clean Coal Electricity, “FAQs About NERA’s Analysis Of The Clean Power Plan,” November 2015)

“28 States Are Projected To See Peak-Year Electricity Price Increases Of More Than 20%.” (American Coalition For Clean Coal Electricity, “FAQs About NERA’s Analysis Of The Clean Power Plan,” November 2015)

43 States Will See Double-Digit Percentage Increases In Electricity Bills. “The analysis, written by Nera Economic Consulting, said that people in 43 states would see double-digit percentage increases in their electricity bills, with at least 20 percent increases in 14 states.” (Timothy Cama, “Industry-Backed Report Says EPA Climate Rule To Cost $366B,” The Hill, 10/16/14)