Environmental Protection Agency’s Move on Ozone Recognizes Threat to Jobs, Economy

August 12, 2011

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WASHINGTON--(BUSINESS WIRE)-- “The decision by the Environmental Protection Agency to seek further delay on its proposed ozone rules tells us the Obama administration recognizes the disastrous consequences that more restrictive ozone regulations would have on the economy and jobs creation.

“Today’s filing with the U.S. Court of Appeals for the D.C. Circuit is significant news. While it relates to the EPA’s revised air quality standards issued in 2008, the EPA’s motion announcing its inability to act yet also casts doubt on the merits of the agency’s 2011 proposed standards.

“The administration is obviously making a serious review of these damaging regulations, and we’re encouraged by that. President Obama again this week pointed to jobs as his administration’s priority, and the EPA’s proposals would negate any progress on creating jobs in the private sector,” said John Engler, president of Business Roundtable, an association of chief executive officers of leading U.S. companies. “In reality, the rules would be the equivalent of posting signs on the U.S. economy, ‘Closed for business.’”

Business Roundtable (BRT) is an association of chief executive officers of leading U.S. companies with nearly $6 trillion in annual revenues and more than 13 million employees. BRT member companies comprise nearly a third of the total value of the U.S. stock market and invest more than $114 billion annually in research and development – nearly half of all private U.S. R&D spending. Our companies pay more than $179 billion in dividends to shareholders.

BRT companies give nearly $9 billion a year in combined charitable contributions.

Please visit us at www.brt.org, check us out on Facebook and LinkedIn, and follow us on Twitter.

CONTACT:

Business Roundtable
Kirk Monroe, 202-496-3269
or
Joe Crea, 202-496-3288

KEYWORDS: United States North America District of Columbia

INDUSTRY KEYWORDS: Small Business Public Policy/Government Congressional News/Views Labor Other Policy Issues Public Policy White House/Federal Government Professional Services Environment

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