MSCI Asks Congress To Overturn EPA Rule That Will Make U.S. Businesses Less Competitive
As Connecting the Dots reported earlier this year, the U.S. Environmental Protection Agency (EPA) has lowered the standard for particulate matter, or PM2.5, by 25 percent, or from 12 micrograms per cubic meter of air to nine. Compliance costs could exceed $1.8 billion, according to the EPA’s own estimates, making it more difficult for U.S. manufacturers and metals companies to create jobs, build cutting-edge factories, and lead other nations in the development of products.
The lowered limit also puts the United States at a disadvantage against global competitors, which are operating under less-stringent standards that will be phased in over a longer time horizon.
For these reasons, last week, the Metals Service Center Institute (MSCI), the National Association of Manufacturers, and 57 other organizations, sent a letter to U.S. House and Senate leaders asking them to stop this harmful rule before it takes effect. “Protecting our environment and improving public health are priorities for our members. Quality of life encompasses complex economic and social considerations,” the letter said. “Americans deserve a strong economy and a healthy environment.”