Business Roundtable Urges EPA to Stop Greenhouse Gas Rules

[sasha031]

The Business Roundtable, a group of chief executives officers from companies such as General Electric Co. (GE) and Exxon Mobil Corp. (XOM), urged the Obama administration to abandon efforts to regulate greenhouse gases from industrial polluters.

The Washington-based association wants President Barack Obama’s Environmental Protection Agency to scrap the rules for power plants and oil refineries, giving Congress time to craft legislation, according to an e-mailed statement today.

The EPA rules are “an example of damaging regulatory overreach that threatens to stifle U.S. economic growth and job creation,” Thomas Fanning, CEO of Atlanta-based Southern Co. (SO), a Roundtable member and the biggest U.S. utility owner by market value, said in the group’s statement.

The Chamber of Commerce, the biggest U.S. business lobbying group, Republican lawmakers and some Democrats also have called for blocking or delaying the EPA rules. White House aides said in a statement this month that they would recommend that Obama veto any legislation stripping the EPA of its power to regulate carbon-dioxide pollution under the Clean Air Act.
http://www.bloomberg.com/news/2011-04-28/business-roundtable-urges-epa-to-stop-greenhouse-gas-rules-1-.html

[Buzz Clik]

1. Let's hope the EPA tells them to take off.

[sasha031]

4. yes, lets hope so

[cyberpj]

2. Really? Quelle surprise!. nt

[mmonk]

3. America's true lords and gods have spoken.

Thou shalt not want. We are all here to serve our gods these lords.

[Uncle Joe]

5. Other than the short term thinking, addiction to making money at all costs what is the business

of the Business Roundtable not to mention the Chamber of Commerce?

Thanks for the thread, sasha.