Dr. M. Ray Perryman is President and Chief Executive Officer of The Perryman Group www.perrymangroup.com. He also serves as Institute Distinguished Professor of Economic Theory and Method at the International Institute for Advanced Studies.
For sustained economic growth, a strong presence in science, technology, engineering, and math (STEM) fields is essential. Industries and occupations focused in these areas generate many of the innovations which improve productivity across the workforce. They are essential to the modern business complex.
The Environmental Protection Agency (EPA) released a Clean Power Plan proposal aimed at cutting carbon emissions from the nation’s power plants. Reaction to the proposed rule has been all over the map (as expected). Much of the heated response—both for and against—has been somewhat overstated (also as expected). Here are a few salient facts.