Consumers Union: Withdrawing the Clean Power Plan Means Higher Costs for Consumers
"Repealing the Clean Power Plan will cost consumers more money, driving up utility and health care bills," said
The proposed rule undervalues the consumer benefits of energy efficiency, changes the government's method of measuring the social cost of carbon emissions and ignores the benefits of reducing particulate pollution that would result from switching to cleaner power and greater efficiency.
Baker-Branstetter said, "The proposed repeal of the Clean Power Plan continues this administration's efforts to undo protections by ignoring or undervaluing the public health benefits and consumer savings of lower pollution and energy use. This would shift the cost of pollution and climate change away from polluters and onto families and individuals.
"By using an unrealistically low estimate of the social costs of carbon, the rule essentially ignores the societal impacts of climate change, including higher food prices, property damage, higher insurance premiums, and higher energy costs.
"The good news is that many states and utilities are already moving toward a clean energy future. Rather than slowing down this progress, the federal government should be encouraging more states to boost renewables and energy efficiency to help lower utility bills for consumers, reduce pollution, and expand economic growth."


Center for Reproductive Rights Announces Challenge to Trump Administration’s Contraceptive Coverage Rules
Global Population Health Management Solutions Market – Analysis and Forecast (2017-2025) (Focus on Products (Software & Services), Country Analysis, End Users, Competitive Landscape, Market Share Analysis, and Region Specific Information)
Advisor News
- Your client wants to cash out an annuity. Here’s what to consider
- How student loan debt impacts 401(k) balances
- The ‘sandwich generation’ faces compounded barriers to retirement savings
- Benefit Costs Squeeze Schools, Driving Cuts, Tax Hikes And Difficult Tradeoffs
- Why client insurance needs could change even if their life doesn’t
More Advisor NewsAnnuity News
- SS&C Black Diamond Expands Annuities & Insurance Marketplace with New Insurance Capabilities and Carriers
- Regulators urged to sharply limit hypothetical data in annuity illustrations
- Your client wants to cash out an annuity. Here’s what to consider
- Oklahoma Insurance Dept. helps Oklahomans recover unclaimed life insurance benefits
- Bitcoin gains ground in retirement market with Equitable annuity option
More Annuity NewsHealth/Employee Benefits News
Life Insurance News