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Portman Opposes Obama Effort to Raise Electricity Prices in Ohio


Location: Washington, DC

U.S. Senator Rob Portman (R-Ohio) today issued the following statement on President Obama's new Environmental Protection Agency (EPA) regulations:

"President Obama's EPA overreach has already cost jobs in Ohio. At least eight coal fired power plants in Ohio are set to close due in large part to regulatory mandates put in place by the EPA. As a result, nearly a thousand Ohio jobs will be directly impacted, local communities will lose millions in tax revenue, and more than 6,000 megawatts -- enough energy to power thousands of homes -- will be taken off the grid," said Portman. "America does not need another top-down climate mandate by its Federal government; instead it needs a low-cost energy plan that ensures we have access to reliable, affordable, and cleaner domestic energy. This is not a problem that calls for a one size fits all solution. Ohio knows this better than most, since more than 80 percent of our electricity comes from coal generation and this new regulation could raise costs for Ohio families, many of whom are struggling to make ends meet. We must explore and develop a variety of sources -- including coal, natural gas, nuclear, and renewable resources -- to secure our energy independence and rein in energy costs. In addition, we must pursue energy efficiency, as my legislation S.761 does. Through efficiency we can lower energy costs, create jobs and economic growth, and have a cleaner environment. We need a solution that balances the economic, energy, and environmental needs of our nation while taking full advantage of America's abundant natural resources.

"Before announcing any new EPA regulatory rule, Washington should take a hard look to make sure it does not impose unnecessary burdens on job creators and consumers. Earlier this year, I introduced the bipartisan Regulatory Accountability Act of 2013 to reform the current rulemaking process to lower the costs and improve the quality of new regulations. Through stronger cost-benefit analysis and greater transparency, Ohio businesses will be less likely to suffer under the increasing burden and uncertainty of government red tape."

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