Crystal Ball: Environment Rachel Jones, National Association of Manufacturers November 15, 2018

Who We Are We work for the success of the more than 12 million men and women who make things in America and their families. The NAM is the nation’s most effective resource and influential advocate for manufacturers, serving as a respected and innovative voice for the values that make our industry strong and America exceptional: free enterprise, competitiveness, individual liberty, and equal opportunity

Who We Are More than 14,000 members, representing every sector and size. $6.8 trillion in total revenues and over 85% of U.S. industrial output. The average manufacturing worker makes $85K a year; earning more than $27 per hour, not including benefits. Undertaking more than three-quarters of all private-sector R&D in the nation, we drive more innovation than any other sector.

Why we care We use 1/3 of the energy consumed in the U.S. Our energy advantage keeps manufacturing competitive in a global market. Manufacturers pay $20K per employee on average to comply with federal regulations, compared with $10K for firms as a whole. Environmental regulations account for 90% of the difference between the burden manufacturers face versus other firms.

Shifting Focus Hill plays a larger role, especially the House Recall the last two years of the Obama Administration Groundwork for Climate Legislation Public pressure driving action

Congressional Oversight House centric Signature subpoena authority Targets Political appointees Traditional rulemakings Companies

EPA Starts Finalizing First wave of finalizations ACE, WOTUS, CAFE, Methane Congressional Review Act, Litigation Second wave of proposals Cost-Benefit, 401, NAAQS

Executive Orders Energy infrastructure, private investment focus Cross-border Presidential Permit Process: think KXL 401, NEPA, LNG, shareholder activism, rights-of-way, Appalachian storage

Climate Litigation San Francisco, Oakland, New York 3-0, moving to circuit courts. Projections

Looking Ahead Bottom-up and top-down pressures Leaning in: Sustainability Climate Actions Chemicals Water Corporate responsibility

National Association of Manufacturers Questions? Rachel Jones National Association of Manufacturers rjones@nam.org