U.S. Chamber Opposes Climate Bill: 'Massive Federal Bureaucracy' - 'Cost to Taxpayers Hundreds of Billions'
June 4, 2008
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U.S. Chamber Opposes Lieberman-Warner Climate Bill
June 04, 2008
This morning, The United States Chamber of Commerce, representing over 300 million businesses across the nation, released a letter condemning the economic effects of the Lieberman-Warner Climate Bill.
“The bill would create a massive federal bureaucracy by creating more than 300 mandates that must be translated into rules, regulations and reports by the Environmental Protection Agency and other federal agencies, resulting in a multi-stage process for each regulation or mandate that could take years or even decades to implement, result in prolonged litigation, and cost taxpayers hundreds of billions of dollars.”
“Unfortunately, the text of the manager’s amendment was not released until only days before Senate consideration of the bill. As a result the Senate will vote on the bill without the benefit of economic analyses of any public or private entity. This legislation has enormous implications for the economy and environmental stewardship; it requires a full airing and robust debate.”
“S.3036 fails to preserve American jobs and the domestic economy, does little to address the international nature of global climate change, and does not sufficiently promote accelerated technology development and deployment.”
The Chamber created a chart summarizing the administrative burden created by S. 3036 available here: LINK