A new study reports that a specific set of sweeping new federal regulations could destroy nearly 3,000 industry jobs and result in nearly $14 millions in total capital costs to Kentucky alone.
In their new report, entitled “Economy Derailed,” the American Legislative Exchange Council (ALEC) attempts to put precise numbers on how the Environmental Protection Agency could affect various energy sectors on a state by state basis.
The EPA’s new Boiler Maximum Achievable Control Technology (MACT) regulations would put emission limitations on commercial boilers and process heaters. These limits have not proven to be economically viable anywhere in the nation – especially in Appalachian coal country.
According to the report, Kentucky would be ninth worst hit by the EPA and result in a total loss of 12,521 jobs. See here for the full report.