16 August 2011 18:16 [Source: ICIS news]
WASHINGTON (ICIS)--Chemical manufacturers in ?xml:namespace>
Mark Biel, executive director of the Chemical Industry Council of Illinois (CICI), said that Obama’s three-day bus tour of three midwestern states in an effort to develop new employment strategies “ignores the role of EPA in preventing economic recovery”.
“President Obama’s bus tour fails to address one of the most significant obstacles to job creation and economic growth – federal regulations that make it more difficult for American manufacturers to expand, invest and hire in the
Obama visited small town communities in
“For example, the EPA is expected to impose new, unnecessary ozone standards soon that could put a stop to new manufacturing plants and expansions, construction and the jobs they would support in nearly every county in the country,” he said.
In a move widely criticised by a broad coalition of US businesses, energy firms and manufacturers including chemicals makers, the EPA is soon to issue a new standard for ozone levels across the country.
Business interests have raised an alarm, warning that the anticipated new EPA ozone standards could not be met except by shutting down many existing power and production sites at a cost of some 7m jobs and about $1,000bn (€690bn) in compliance costs over the next decade.
Critics of the impending ozone rule contend that it sets a level below even ambient ozone, also known as background ozone, that exists naturally in areas of the country far removed from industry, such as
“Thousands of those jobs could be in
Under the Clean Air Act (CAA) state and municipal governments are required to impose limits on local ozone-producing activities, such as power generation and manufacturing, in order to reduce ozone levels to the range set by EPA.
But manufacturers contend that the technology to further reduce already low
“The ability of
“At a time when the nation is wrestling with a 9.2% unemployment rate, President Obama should keep the EPA in check and choose to keep
($1 = €0.69)
Paul Hodges studies key influencers shaping the chemical industry in Chemicals and the Economy
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections