EPA Chief Vows Actions on Climate Will Spur Economy

Gina McCarthy, the new head of the U.S. Environmental Protection Agency, vowed to tackle global warming with actions that will help spark economic growth.

In her first public speech since taking over two weeks ago, McCarthy today defended her agency against attacks from Republicans in Congress, and urged companies to “embrace the opportunity of climate change” as a reason to invest.

The investments “will, in turn, fuel the complementary goals of turning America into a magnet for new jobs and manufacturing,” McCarthy said in a speech at Harvard Law School in Boston.

McCarthy now leads an agency that lawmakers have criticized over pollution limits that they say will cost jobs and hurt the economy. The Republican-led U.S. House passed legislation last year to reverse a series of EPA rules. The Senate didn’t consider similar measures.

At the same time EPA is central to enacting President Barack Obama’s pledge to counter the carbon-dioxide emissions scientists blame for causing global warming.

The EPA has a deadline of September for issuing a new proposal for the first-ever rules limiting carbon-dioxide emissions from new power plants.

To contact the reporter on this story: Mark Drajem in Washington at mdrajem@bloomberg.net

To contact the editor responsible for this story: Jon Morgan at jmorgan97@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.