The Environmental Protection Agency has moved one step closer to regulating carbon-dioxide emissions under the Clean Air Act, issuing a formal finding that greenhouse gases pose a threat to public health and welfare.
Environmental groups are cheering EPA’s Dec. 7 “endangerment” finding, but construction and other business organizations warn that regulating greenhouse-gas (GHG) emissions could choke off economic growth. Stephen Sandherr, CEO of the Associated General Contractors of America, says, “At a time when the government is investing billions in construction activity to rebuild our economy, this decision will undermine the stimulus, cost thousands of construction workers their jobs and stifle economic growth for decades to come.”