Ver­mont will lose 3.4 per­cent of its man­u­fac­tur­ing jobs by 2023 due to Oba­ma admin­is­tra­tion cli­mate reg­u­la­tions, accord­ing to a report on the impact of EPA rules on labor.

In recent years, the EPA has issued new rules for pow­er plants and vehi­cles in an attempt to cut car­bon diox­ide emissions.

While many stud­ies exam­ine how the rules will affect glob­al emis­sions, a study pub­lished last week by The Her­itage Foun­da­tion cal­cu­lates how many man­u­fac­tur­ing jobs states will lose due to envi­ron­men­tal regulations.

While 34 states will lose between 3 per­cent to 4 per­cent of man­u­fac­tur­ing jobs, nine states — includ­ing one New Eng­land state — will expe­ri­ence even high­er job losses.

Among New Eng­land states, set­backs for work­ers will range from 2,260 loss­es in Rhode Island to 3,452 loss­es in New Hampshire.

More­over, the report claims the cli­mate reg­u­la­tions will dri­ve up ener­gy costs and wipe out $2.5 tril­lion in aggre­gate gross domes­tic prod­uct nation­wide while hav­ing only “a neg­li­gi­ble pos­i­tive impact on the cli­mate and environment.”

In explain­ing the impact on busi­ness, the authors note that pol­i­cy “incen­tivizes busi­ness­es and con­sumers to change pro­duc­tion process­es, tech­nolo­gies and behav­ior in a man­ner com­pa­ra­ble to the administration’s reg­u­la­to­ry scheme.”

A loss of man­u­fac­tur­ing jobs is bad news for Vermont’s labor force, which shrunk dur­ing the reces­sion and has not bounced back.

DEAD CAT BOUNCE: The orange line in this graph from the Dept. of Labor shows that jobs are on the decline again in Vermont.