Federal regulation has a profound effect on U.S. businesses. Business Roundtable CEOs recognize that some regulations are essential and help ensure that the products we consume are safe; the environment in which we live is adequately protected; and the marketplaces in which our businesses operate are fair, open and competitive. However, regulations also impose significant costs on both businesses and consumers and can reduce employment and depress growth. It is therefore imperative that federal agencies carefully consider the positive and negative impacts of proposed rules.
As America’s economy climbs back from the deepest recession in more than half a century, it faces a new challenge: Businesses cannot find enough employees with the right knowledge, skills and training to fill critical jobs. This “skills gap” is a major reason the U.S. economy has not reached its full potential predicted before the recession.1 Moreover, the problem likely will persist unless significant policy changes occur.
Next to the Centers for Medicare and Medicaid Services, employers are the largest purchasing block of health care in the world.
Creative interplay between employers and government has accelerated many innovations, including quality measurement, Medicare Advantage, transparency and payment reform.
When it comes to the benefits provided to employees and their families, employers want better health, better care and better value.
Dow is focused on optimizing the health of its employees and their families, human performance and long-term value.
In February 2010, the White House Council on Environmental Quality (CEQ) issued for public comment Draft National Environmental Policy Act Guidance on Consideration of the Effects of Climate Change and Greenhouse Gas Emissions (draft guidance). The draft guidance explains how federal agencies should analyze the environmental impacts of greenhouse gas (GHG) emissions and climate change when they assess the environmental impacts of proposed actions under National Environmental Policy Act (NEPA).
Congress, the U.S. Securities and Exchange Commission (SEC), and the national securities markets recently adopted reforms to strengthen shareholder-director communications and enhance related disclosures. The business community strongly supports these reforms, and corporations have explored new ways to implement them. To assist in this effort, Business Roundtable has developed five guidelines to serve as best practices for shareholder-director communications.
Business leaders have a new resource to take full advantage of the recent passage of the Workforce Innovation and Opportunity Act. The report, “Putting WIOA to Work: An Action Plan,” lays out how CEOs can make best use of the law’s emphasis on business involvement. In other education news, BRT released a computer application that will help CEOs make the case for the Common Core State Standards. The app, Biz4Readiness, for iTunes at the iTunes store and for Android at GoogleApps.
Coal combustion residual products are currently managed as non-hazardous waste under state regulatory authority. Approximately 45 percent of these products are beneficially used in cement, wallboard, agricultural and other applications.
Ozone is a major component of smog. Ozone is not a pollutant emitted into the air; rather, it is the product of chemical reactions among nitrogen oxides (NOx), volatile organic compounds (VOCs), carbon monoxide (CO), and methane (CH4).
Multiple federal agencies are considering regulating hydraulic fracturing. EPA, in April, 2012, finalized a suite of four new regulations for the oil and natural gas industry, including the first federal air standard for wells that are hydraulically fractured.
In Massachusetts v. EPA (2007), the Supreme Court held that greenhouse gases (GHGs) constitute air pollutants that can be regulated under the Clean Air Act (CAA).
Section 1502 of the “Dodd-Frank Wall Street Reform and Consumer Protection Act” (Dodd-Frank Act) directs the U.S. Securities and Exchange Commission (SEC) to promulgate regulations regarding the use of conflict minerals from the Democratic Republic of Congo (DRC) and adjoining countries.