18 Jul '11, 1pm

Big coal attacks life saving regulations

In contrast to NERA’s figures, the $9,000 and +$91,000 figures are consistent with the historical record. The $9,000 comes from EPA’s regulatory impact analysis for the proposed toxics rule, and examines only employment changes in the utility sector. The +91,000 figure is from an analysis by the Economic Policy Institute (EPI). It is higher than EPA’s estimate because it looks beyond the utility sector to the entire economy. For example, it counts jobs created from producing pollution control equipment and the required inputs (e.g. steel)[3] . It also counts employment created from the workers hired to do these jobs; they spend their wages on other goods, which in turn creates demand for more workers to produce those goods. Finally, they estimate negative economy-wide impacts resulting from energy price increases. Notably, EPI gets a significant share of its funding from u...

Full article: http://switchboard.nrdc.org/blogs/ljohnson/big_coal_attac...

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