MADISON – Wisconsin’s Chamber of Commerce, WMC, is calling attention to a new study from the non-partisan Heritage Foundation, which finds that Wisconsin will be one of the five most negatively impacted states by the Environmental Protection Agency’s (EPA) proposed global warming regulations. According to Heritage, Wisconsin can expect to lose more than 20,000 manufacturing jobs, representing more than 4% of its total manufacturing workforce by 2023, the midpoint of the analyzed period.
“EPA’s actions threaten to put thousands of hardworking Wisconsinites out of a job,” said Eric Bott, WMC Director of Environmental and Energy Policy. “Wisconsin workers can ill afford to lose so many family sustaining jobs, as careers in manufacturing pay well above the statewide median income.”
This most recent study comes on the heels of a joint study published last month by The Beacon Hill Institute at Suffolk University and the John K. MacIver Institute for Public Policy. Looking at 2030, the year EPA’s regulation is set to be fully phased in, Beacon/MacIver find that Wisconsin could lose more than 21,000 jobs and face industrial utility bill rate hikes above $100,000 per year on average.
“Under EPA’s plan every homeowner and renter in Wisconsin will pay more to heat and light their homes and our manufacturers will be made less competitive through significantly higher utility rates,” said Bott. “Making matters worse, EPA’s proposal isn’t projected to result in substantial positive impacts to global temperature or climate. It’s all pain, no gain.”
WMC is Wisconsin’s State Chamber of Commerce and Manufacturers Association representing nearly 3,800 businesses in every sector of Wisconsin’s economy.
FOR FURTHER INFORMATION CONTACT:
Eric Bott, (608) 258-3400