Wednesday, June 24, 2015

Black Chamber of Commerce: EPA Plan Will Increase Black Poverty 23%, Strip 7M Black Jobs

(CNSNews.com) - A study commissioned by the National Black Chamber of Commerce found that the Environmental Protection Agency’s (EPA) Clean Power Plan would increase black poverty by 23 percent and cause the loss of 7 million jobs for black Americans by 2035.
The study also found that the EPA' plan would increase Hispanic poverty by 26 percent and cause the loss of 12 million jobs for Hispanic Americans by 2035.
The EPA proposed the Clean Power Plan on June 2, 2014 to cut carbon emissions from power plants. The National Black Chamber of Commerce commissioned the study to evaluate the potential economic and employment impacts of the plan on minority groups.

National Black Charmber of Commerce President Harry Alford explained the results of the report, “Potential Impact of Proposed EPA Regulations on Low Income Groups and Minorities” at the Senate Environment and Public Works Committee hearing on Tuesday.
“The study finds that the Clean Power Plan will inflict severe and disproportionate economic burdens on poor families, especially minorities,” said Alford in his prepared statement. “The EPA’s proposed regulation for GHG [greenhouse gas] emissions from existing power plants is a slap in the face to poor and minority families.
“These communities already suffer from higher unemployment and poverty rates compared to the rest of the country, yet the EPA’s regressive energy tax threatens to push minorities and low-income Americans even further into poverty,” Alford added.
"According to a recent study commissioned by the National Black Chamber of Commerce," Alford said, "the Clean Power Plan would: increase Black poverty by 23 percent and Hispanic povety by 26 percent; result in cumulative job losses of 7 million for Blacks and nearly 12 million for Hispanics in 2035; and decrease Black and Hispanic median household income by $455 and $515 respectively, in 2035."
Sen. Tom Carper (D-Del.) rebutted this view, saying that states who have taken action on climate change have seen their economies grow.
“Many states, such as New York and Delaware, have already taken action to reduce the largest emitter of carbon pollution - power plant emissions,” Carper said. “As we will hear today, the economies of these states continue to grow at a faster rate than the states that have yet to put climate regulations in place. However, we need all states to do their fair share to protect the air we breathe and stem the tide of climate change. The EPA’s Clean Power Plan attempts to do just that.”

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