STUDY: OBAMA'S CARBON RULES TO COST THOUSANDS OF MANUFACTURING JOBS IN ILLINOIS
A new study predicts that more than a half million manufacturing jobs will be eliminated from the U.S. economy as a result of the Obama administration’s proposed regulations to curb carbon dioxide emissions.
“Every state would experience overwhelming negative impacts as a result of these regulations, but especially those with higher-than-average employment in manufacturing and mining,” said Nick Loris, a co-author of the study, which was completed by energy experts at The Heritage Foundation.
The researchers projected how many manufacturing jobs would be eliminated in each state as a consequence of the carbon plan, which is the centerpiece of President Obama’s effort to combat climate change.
The results show that 34 states would lose three to four percent of manufacturing jobs by 2023, and nine other states would lose more.
The study predicts that the Midwest would be hit the hardest, with Illinois, Indiana, Michigan, Ohio and Wisconsin losing more than 20,000 jobs each.