WASHINGTON, April 7, 2011 /PRNewswire-USNewswire/ -- Charles T. Drevna, president of NPRA, the National Petrochemical & Refiners Association, issued the following statement on the House of Representatives' passage today of H.R. 910, the Energy Tax Prevention Act of 2011:
"The passage of this bill by the House of Representatives is an important victory in the ongoing effort to halt EPA's regulation of greenhouse gases under the Clean Air Act. In just the few short months that EPA's greenhouse gas regulations have been in place, thousands of American jobs have already been lost because businesses have decided they simply can't afford to expand their operations under the existing regulatory environment. If EPA's greenhouse gas regulations are allowed to continue unchecked, millions more jobs may be lost as American manufacturing and economic activity shift overseas.
"Unfortunately, despite his call just weeks ago to eliminate regulations that threaten economic growth and job creation, President Obama has promised to veto the Energy Tax Prevention Act if it is passed by the Senate. We share the President's desire to continue the significant progress we've made towards improving our nation's air and water quality. However, the bill passed today by the House will do nothing to hinder the environmental benefits of the Clean Air Act. It will simply stop EPA from continuing with harmful, overreaching greenhouse gas regulations that will raise energy prices for American families, drive American jobs overseas, and undermine our nation's economic security."
SOURCE National Petrochemical & Refiners Association