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CEI: Pro-Energy, Deregulatory Policies Lead to Economic Growth

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In a new report released this morning, the Rhodium Group claims that carbon dioxide emissions rose by 3.4 percent last year. But that news is not unexpected.

Director of CEI’s Center for Energy and Environment Myron Ebell said:

“It is not at all surprising that the Trump Administration’s pro-energy, deregulatory policies have led to a growing and prosperous economy. After two years of removing regulatory barriers to investment, industry has added more than 350,000 manufacturing jobs. President Obama said that these jobs were not coming back, which was his excuse for the economic stagnation caused by his regulatory onslaught. Energy-intensive manufacturing is moving back to the heartland states where low electricity prices give the U. S. a huge advantage over global competitors.

“The Trump Administration and Congress should build on these successes by implementing commonsense policies contained in CEI’s Agenda for the 116th Congress, like repealing the disastrous Obama era regulations aimed at killing the coal industry and ending the market-distorting Renewable Fuel Standards, which only benefit special interests.”