EPA Maligned by Business Says U.S. Courts, Bush Made Us Do It
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The Environmental Protection Agency, the U.S. regulator criticized by business groups for proposing the most new rules of any agency, says the courts and former President George W. Bush have left it no choice.
Companies are bracing for and complaining about a raft of requirements with three- to four-year deadlines for compliance. American Electric Power Co. of Columbus, Ohio, has said new EPA standards would force it to spend as much as $8 billion through the end of the decade, cut about 600 jobs and shut five coal-fired power plants. Electricity rates might rise, new oil-drilling stall and cement factories close, according to trade groups.