Congressman Eric Cantor (VA-07) today released the following statement on the passage of the Coals Residuals Reuse and Management Act., H.R. 2273. This bipartisan legislation limits the Environmental Protection Agency's ability to impose burdensome regulations on electric utilities that would designate coal ash byproducts as hazardous waste which would lead to increased energy costs on businesses and families.
"In the current economic environment, the continued threat of excessive regulations coming from this Administration creates uncertainty and hinders job growth. EPA's proposal would place more burdens on electric utilities and those industries that depend on recycled coal ash byproducts -- from concrete production to road construction -- which would ultimately cost billions of dollars, increase utility prices, and eliminate thousands of jobs. I thank Chairman Fred Upton and Congressman David McKinley for their work on this legislation that will make it easier for industries and businesses to grow and begin hiring again."