National Association of Manufacturers (NAM) President and CEO Jay Timmons issued the following statement in response to the Obama Administration’s new greenhouse gas regulation:
“This regulation will be exceptionally difficult for manufacturers to meet and will increase energy prices and threaten electric reliability. Manufacturers are committed to being responsible stewards of our environment, leading the way in that effort, and we are disappointed the Obama Administration has chosen to pursue this path.
“Manufacturers are already building more efficient power plants, factories, cars and appliances, all of which are leading to lower emissions. We need policies that foster continued innovation, encourage new investments and allow manufacturers to remain competitive – not ones that punish and penalize. This regulation and the President’s Climate Regulatory Action Plan are not the answer. We will keep all options on the table, including litigation, to protect manufacturers’ ability to compete in the global marketplace.”