MANCHESTER – Americans for Prosperity – New Hampshire (AFP-NH) today condemned the President’s proposal to harm economic investment and decrease the number of Americans working while raising their electricity rates.
“The goal of these regulations is to shut down coal-fired power plants, like Merrimack Station in Bow, and force them to switch to natural gas. This will cause businesses to close, our neighbors in Bow and Americans across the country to be laid-off and electricity rates to increase,” said Greg Moore, AFP-NH State Director. “As our economy teeters on the brink of recovery, this is exactly the kind of government over-reach into private industry we do not need. Simply put, the President’s plan will put more Americans out of work while raising the price they pay for electricity.”
President Obama outlined his plan for the EPA to finalize greenhouse gas regulations under the Clean Air Act earlier today.
“New Hampshire residents have already seen first-hand what a cap and trade scheme looks like in the form of the Regional Greenhouse Gas Initiative (RGGI), which has forced our families and businesses to pay more every time they turn on a light. The last thing we need is for the federal government to piggy back on this and slap an additional increase on our electricity rates,” added Moore. “We oppose these regulations, which will hurt investment, cost jobs in the relevant sectors and increase electricity prices for consumers.”