In 2014, the Environmental Protection Agency (EPA) drafted a “Clean Power Plan” regulating the emission of carbon dioxide and greenhouse gases from existing power plants. Electric cooperatives believe the EPA plan goes well beyond the agency’s legal authority and will have a disproportionate impact on rural co-op consumer-members, raising the cost of electricity and eliminating jobs.
A ten percent increase in electricity prices, according to NRECA research, will cost co-op service territory 360,000 jobs annually between 2020 and 2040. The cumulative loss of GDP will reach $1 trillion by 2040.
EPA’s Greenhouse Gas Regulations Fail to Consider the Economic Impact on Americans (08/02/2015 Press Release)
Detailed printed state maps are also available showing full and partial plant closures as modeled by EPA under the proposed rule.