MSCI Comments On EPA Clean Power Plan

In response to the Obama administration’s recent release of its final Clean Power Plan regulation, the Metals Service Center Institute (Rolling Meadows, IL) issued the following statement:

“Climate change is a serious issue that we must address as a nation and as an industry, but we must do so in a way that does not do significant, irreparable harm to our economy, our businesses and our employees. While we appreciate the EPA’s efforts to give industry and U.S. states more time to comply with this rule, the agency also significantly altered the emissions reduction targets and other major parts of the proposed rule it offered last year. Studies showed that earlier proposal would have increased consumer energy costs and made U.S. businesses less competitive on the global stage. It’s likely this final regulation will have an even greater negative impact on families and job creators and, for this reason, MSCI will fully support efforts to challenge this rule in the U.S. courts.”

www.msci.org