EPA Carbon Regulations Would Drastically Lower Manufacturing Employment
Created on November 13, 2014
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Read the original report, "The Obama Administration’s Climate Agenda: Underestimated Costs and Exaggerated Benefits," by Kevin D. Dayaratna, Nicolas Loris, and David W. Kreutzer.
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The U.S. manufacturing sector would decline soon after EPA regulations on carbon go into effect. On average through 2030, manufacturing employment levels would decrease by 458,000.
Source: Heritage Foundation calculations using the Heritage Energy Model. See methodology for details.
CHART 2 • BG 2975
Tags: Environmental-Protection-Agency, EPA, Social-Cost-of-Carbon, SCC, climate-change, manufacturing