U.S. Chamber of Commerce Report on Clean Power Plan
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Credible cost-benefit analysis can play a valuable role in decision-making, but reports funded by industry trade groups consistently distort the facts.
For example, a widely cited report by the U.S. Chamber of Commerce contains no mention of the benefits of reducing carbon emissions and falsely inflates the costs of the proposed standards using what the EPA dubbed “unfounded assumptions” about the then unpublished Clean Power Plan proposal.
Coal giant Peabody Energy, one of the world’s top carbon producers, has served on the U.S. Chamber’s Board of Directors and continues to provide funding. Peabody Energy opposes the Clean Power Plan and has even denied the scientific basis for the EPA action on climate change, claiming that carbon dioxide is “not a ‘pollutant’ that endangers public health or welfare.”
The EPA countered Peabody Energy’s attack on climate science, noting the evidence on climate change is “robust, voluminous, and compelling.”