WASHINGTON, D.C.—U.S. Chamber President and CEO Thomas J. Donohue issued the following statement today regarding the U.S. Supreme Court’s Michigan v. EPA decision:
“The Supreme Court made it clear that EPA cannot turn a blind eye when it imposes massive costs on our economy in return for minimal environmental benefit. The decision affirms the common sense principle that Congress requires agencies to consider the consequences of regulations that they impose on businesses and consumers.
The Supreme Court today began to rein in EPA's regulatory overreach by ruling that EPA must take into consideration costs when it implements rules.
Here are five must read lines from Justice Scalia’s 5-4 majority opinion in Michigan vs. EPA:
1.“EPA refused to consider whether the costs of its decision outweighed the benefits. The Agency gave cost no thought at all, because it considered cost irrelevant to its initial decision to regulate.”
EIA analysis shows EPA’s carbon regulations are all economic pain for no climate gain: http://bit.ly/1H43o58