NEWSMAX: Despite Vice President Joe Biden’s touting of the Obama administration’s record on manufacturing in Ohio on Thursday, the U.S. Environmental Protection Agency is moving to cripple the energy business in the state, Rep. Bill Johnson told Newsmax TV.
“The EPA is actually trying to shut down steel manufacturing in America,” the Ohio Republican said.
New regulations due soon could effectively close the nation’s only two makers of manganese ferroalloy, a critical component in steel manufacturing, Johnson said. One plant is in Marietta, Ohio; the other, in Letart, W. Va… (more)
EDITOR: Although we cannot speak to this particular situation, we do know that EPA regulations can reflect the ideals of environmental purists without weighing practical economic considerations. This is the situation with residential development where continuous upgrading of requirements is adding as much as 10% to 15% to the cost of new housing.
