Thomas J. Gibson, president and CEO of the American Iron and Steel Institute (AISI), whose members produce more than 75 percent of the steel produced in America, issued the following statement on the Senate’s failure today to pass S.J. Res 26:
“We are disappointed that the U.S. Senate failed to pass S.J. Res 26, Senator Lisa Murkowski’s (R-Alaska) Resolution of Disapproval of the Environmental Protection Agency’s (EPA) plan to regulate greenhouse gases (GHGs) from stationary sources, such as steel production facilities, under the Clean Air Act (CAA).
This regulatory path will be economically detrimental to American manufacturing, and will not result in a reduction in greenhouse gas emission, as overseas competitors will continue to increase their emissions. Climate change is a global problem that can only be addressed effectively on a global basis.”