The Natural Resources Defense Council’s (NRDC) proposal to reduce carbon dioxide (CO2) emissions from existing power plants under Section 111(d) of the Clean Air Act could cost consumers billions in higher energy prices and millions of jobs. While NRDC’s proposal, released in late 2012 and updated in March 2013, has received attention as an approach EPA might follow to regulate CO2 emissions from power plants, its data and conclusions have some serious flaws.

Our new study reveals the truth about NRDC’s proposal and sheds light on its true costs. Get the facts and stop groups like NRDC from hijacking our energy future.

No Costs at All
$13 to $17 Billion Per Year
NERA projects the NRDC proposal would cost consumers $13 billion to $17 billion per year. By comparison, NRDC projects electric sector compliance costs of $4 billion in 2020, while the updated analysis projects no costs at all in 2020.
Net Job Gains
Up to 2.85 Million Jobs Lost
NERA projects net job losses totaling as many as 2.85 million over the 2018-2033 period. By comparison, NRDC projected net job gains of 76,000 jobs in 2016 and 210,000 in 2020, the only two years for which NRDC provided employment impacts.
Electricity Prices Will Decrease
Electricity Prices Will Increase by Double Digit Percentages
NERA projects retail electricity prices would increase by double digit percentages in as many as 29 states. NRDC projects that nationwide average wholesale electricity prices would decrease.
59,000 MW
Between 35,000 and 83,000 MW
NERA projects additional coal retirements would total between 35,000 megawatts (MW) and 83,000 MW. Total retirements, due to other EPA regulations, would be 76,000 MW to 124,000 MW (approximately 25 percent to 40 percent of the entire U.S. coal fleet.) NRDC projected additional coal retirements of 59,000 MW.
2 Percent Increase in Usage and Little Change in Price
8 to 61 Percent Increase in Usage and as Much as 16 Percent Increase in Price
According to NERA, natural gas-fired generation would increase by 8 percent to 61 percent and their prices would increase by as much as 16 percent. NRDC projected only a 2 percent increase in usage. Consumers would pay as much as $54 billion more for natural gas from 2018 – 2033. NRDC projected very little change in natural gas prices by 2020 and did not provide a total cost of natural gas for consumers.

The truth is—NRDC's proposal will do great harm to the American economy and to American consumers, with negligible environmental benefits.