“Paper and wood products manufacturers understand too well the challenges of the current federal regulatory landscape, as evidenced by our recent experiences with EPA’s Boiler MACT and NAAQS rules, which continue to change faster than they can be implemented. Our industry continues to face challenges from recently released – as well as expected new regulatory proposals – that together could impose roughly $10 billion in new capital obligations on the industry over the next 10 years.
“The cumulative burden being imposed on business is unsustainable, and we applaud the House for taking steps to address a process that is in dire need of reform. We hope that the next Congress makes comprehensive regulatory reform a top priority.”
