The nonpartisan Congressional Research Service says utility industry claims that EPA regulations are poised to create an economic "train wreck" are overblown in a new report. The EPA hasn´t proposed or finalized many of the regulations.
Because of that, industry-sponsored research studies suggesting upcoming economic harm "effectively underestimate the complexities of the regulatory process and overstate the near-term impact of many of the regulatory actions."
Republicans and a few Democrats have joined an effort to obstruct the passage of the new rules. But the nonpartisan CRS says the public health benefits would outweigh the costs, and that the industry reports aren´t based on reality.