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Study: EPA air rules will boost economy

   The U.S. Environmental Protection Agency’s (EPA) recently promulgated Cross-State Air Pollution Rule (CSAPR) and maximum achievable control technology (MACT) standards for controlling air toxics from coal-fired boilers, also known as the “Utility MACT” rule, will have positive impacts on the U.S. economy, including the creation of up to 1.5 million jobs, according to a new report prepared by Ceres (Boston, MA) and the Institute of Clean Air Companies (ICAC). The report, titled New Jobs – Cleaner Air Part II: An investment in American Businesses and American Jobs, said that the estimated investment of at least $94 billion to comply with the rules will flow directly to American companies and create jobs in manufacturing and construction. In particular, a $200 million retrofit of a coal-fired power plant with updated air pollution control equipment would result in 2,200 jobs, the report concluded. “As Congress continues to debate how best to create jobs, we already know one area that is poised for more jobs—the utility sector,” said Ceres President Mindy Lubber. “As companies invest in upgrades to their older, less efficient power plants to comply with EPA air pollution rules, jobs will be created at supplier’s manufacturing centers all the way down the supply chain to the actual construction sites. Hands down, clean air is a good thing, and putting these air pollution rules into effect at a time when new jobs and economic growth are desperately needed is the right thing to do.”

Last Updated on Tuesday, 17 January 2012
 

Weekly Archives

Week 20, 2012

Clean Harbor Q1 revenue grows 32%
Report: VC investment in water technology up
Smithers to acquire Environmental Sciences Group
IHS acquires XēDAR
Air and water instrument market to exceed $14.1 billion
Thomas & Betts shareholders approve sale to ABB
Walter P Moore acquires Dodson & Associates
Oman to spend $7.53 billion on water infrastructure
EPA, Commerce launch environmental export initiative
Feds approve $200 million sewage tunnel for Honolulu
EBJ Business Achiever of the Week: POWER Engineers

Week 19, 2012

American Water, Aqua America complete asset exchange
B&W receives go-ahead for WTE plant in Florida
Tetra Tech to acquire Brazilian engineering practice
Report: “frack” water management market to reach $9 billion by 2020
HDR acquires Stetson Engineering
EQ acquires Alabama-based TSD facility
Veolia Water to build, operate New Delhi treatment plant
United Water to manage N.Y. county wastewater assets
Aerostar Environmental acquired by BBNC
FMC Corp. forms environmental division
EBJ Business Achiever of the Week: EcoAnalysts

Week 18, 2012

Portage/Perma-Fix teams wins LANL task orders
NanoH2O raises $60.5 million in financing
AECOM, CDP to partner in cities report
B&W wins $150 million pollution control contract
IHS to continue support for federal hazwaste programs
HCCI prices offering at $20.50 per share
EPA issues CAA standards for oil/natural gas production
EBJ Business Achiever of the Week: Tetra Tech

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