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coal fired power plants are likely to cost far more than the $10.9 billion annual expense estimated by the Environmental Protection Agency. industry, he said.The price of installing natural gas pipelines has quadrupled over the past decade to an average of $4 million per mile for Southern Natural Gas, company President Norman Holmes said.If legislators don't take a hard look at which laws are harming businesses and hindering production, "our children and grandchildren will be challenged to achieve the standard of living we have enjoyed," said Werner Braun, president of the Carpet and Rug Institute.Environmental and consumer groups, however, claim that savings in health costs and saved lives more than justify the expense to implement the new rules.But sometimes those regulations go too far, said Chip Howalt, president of Textile Rubber and Chemical Co.Howalt said the estate tax could force his company to split in two, and he expects health care costs to rise from the health insurance reform package adopted by Congress in 2010."Roughly 50 percent of second generation companies fail," he said. "All the things chemical manufacturers have to do annually to comply with regulations and keep up with the new ones being brought on are staggering."As private companies have cut costs to comply with regulations, the government's budget has ballooned, said economist Steve Moore, a member of the Wall Street Journal editorial board.But educators, who supply the skilled labor necessary to work in an increasingly technical environment, worried that cuts to technical institutions and K 12 schools