Dooley on climate change: "There are a lot of moving parts"

04/20/2010 | National Journal

The American chemical industry will suffer "very significant adverse consequences" if the Environmental Protection Agency begins to regulate emissions under the Clean Air Act, says Cal Dooley, president of the American Chemistry Council, in this interview. Once states begin to modify their own rules to comply with the EPA, the resulting "regulatory uncertainty" will delay the opening of manufacturing plants and freeze millions of dollars in investments, he says. A better solution is for Congress to pass climate legislation that sets up a "price signal" for the private sector to target investments to cost-effective, energy-reduction technology, Dooley argues.

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