(INDIANAPOLIS) — The Indiana Chamber of Commerce is responding to Rail Point Solutions LLC and its lobbyist Scott Pruitt, former U.S. EPA administrator, regarding the proposed two-year moratorium on large power plants coming online. The provision was stripped from Indiana Senate Bill 472 on April 11. Pruitt and Rail Point Solutions, a subsidiary of Hallador Energy, had requested the Indiana Chamber review its stance against the provision and made that public over the weekend.
Indiana Chamber President and CEO Kevin Brinegar:
“Not one person we’ve talked to or heard from – except for Scott Pruitt and Rail Point – thinks the moratorium will benefit ratepayers.
“The new language and explanation provided by Pruitt did not sway our energy policy committee (comprised of representatives of member companies from around the state) or our thinking that the moratorium is simply a bad idea.
“If the two pending projects before the Indiana Utility Regulation Commission are halted after significant planning and preliminary approval, Hoosier ratepayers will feel the pain. The moratorium likely would cause financing issues for all utilities in Indiana. And higher capital costs for energy producers means higher rates for businesses and homeowners.
“We believe the moratorium is dangerous policy and are informing legislative leaders that the Indiana Chamber remains staunchly opposed to reviving it in the budget or any other bill.”
The Indiana Chamber partners with 25,000 members and investors – representing over four million Hoosiers – to achieve the mission of “cultivating a world-class environment which provides economic opportunity and prosperity.”