WASHINGTON, D.C.— The U.S. Chamber of Commerce, in conjunction with the National Black Chamber of Commerce and the Illinois Black Chamber of Commerce, today hosted an event in Chicago to discuss how the proposed tightening of national ozone standards could have adverse employment and economic impacts on Illinois communities.
“A stricter ozone standard could result in restrictions on business expansion, permitting delays, increased costs to industry, and difficulties with transportation planning,” said William Kovacs, senior vice president of Environment, Technology, & Regulatory Affairs for the Chamber. “This economic strain would adversely impact Illinois jobs, families, and businesses, potentially costing an estimated 34,873 lost jobs per year, a $640 drop in average household consumption per year, and $9 billion in compliance costs. Hearing from both local leaders and industry experts is critical to raising awareness of the significant impacts communities in Illinois, as well as across the country, could face under a tightened ozone standard.”
Speakers at the event included Kovacs, Harry Alford of the National Black Chamber of Commerce, Larry Ivory of the Illinois Black Chamber of Commerce, George Williams of PMI Energy Solutions & American Association of Blacks in Energy, and Frank Clark of the Business Leadership Council.
The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.