NFIB Weekly News

NFIB Weekly News Business Climate

AP Analysis: Fossil Fuel Deregulation Could Save Businesses Up To $11.6B. (01/29/2019)

The AP (1/27, Brown) reported that it has “identified up to $11.6 billion in potential future savings for companies that extract, burn and transport fossil fuels” under “11 major rules targeted for repeal or relaxation” by the Administration. However, “buried in thousands of pages of [government] analyses are the ‘social costs’ of rolling back the regulations” including “up to 1,400 additional premature deaths annually due to the pending repeal of a rule to cut coal plant pollution.” And “an increase in greenhouse gas emissions by about 1 billion tons (907 million metric tons) from vehicles produced over the next decade.”