Obama Carbon Rules To Cut Coal-Related Jobs, Conservation Groups
A report by a conservative group in the U.S., American Action Forum Research Group, which was released on Thursday, stated that the planned carbon emission cut by the Obama-led administration could result into more than 90 coal plants closing down. In addition to that the conservation groups have stated that this move will also result into many jobs which support power stations and mining being eliminated.
This summer will see the Environmental Protection Agency adopting a Clean Power Plan that hopefully will see carbon emission from coal-fired plants being reduced.
The rules are part of President Obama’s strategy of pushing the world to cut down on the emissions of carbon by first reducing them at home.
According to the EPA, the new rules will not only help in protecting the environment but will also save the country billions of dollars over in doctor’s bills which usually result due to the output of lung-harming particulates.
Despite the gains, the American Action Forum has indicated that the new rules might end up rendering over 300,000 Americans jobless. In addition to that, they are also indicating that 80,000 of those jobs which will be lost will come from the energy sector while the rest in secondary jobs which support those particular workers, for instance, manufacturing and service industry.
The group is being led by Douglas Holtz-Eakin who was Senator John McCain’s economic adviser during the 2008 presidential campaign.
A co-author of the report, Sam Batkins said that, “We can't expect coal worker jobs to go away and there not be some immediate impacts in the jobs that are supported by that industry.”