1. This week, House Speaker Paul Ryan (R-WI) and other House Republican leaders introduced, as part of his “A Better Way” agenda, a plan to make it easier to invest, produce and build in America with a modern and transparent regulatory system that relieves the burden on small businesses and other job creators and encourages financial independence, while balancing environmental stewardship, public safety, and consumer interests. He laid out the following 10- point plan to implement this mission:
- Ensure federal regulations are a last resort and minimally intrusive.
- Fully consider the many benefits of increased domestic energy production in regulations.
- Efforts to reduce, control, and remediate pollution should achieve real environmental benefits and be compatible with job creation and economic growth.
- Incorporate the strongly positive trends in environmental quality and public health in recent decades into the regulatory decision-making process.
- Empower Americans to achieve financial independence.
- Protect taxpayers from paying for more Wall Street bailouts.
- Demand accountability from financial regulators and financial institutions.
- Unleash opportunities for small businesses, innovators, and other job creators.
- Ensure agencies follow current laws to assess and mitigate the impact of new and existing regulations on small businesses.
- Ensure that our legal system is efficient and fair and that wasteful abuses of it are not allowed.
NECA’s Look Ahead: The plan includes a detailed list of bills that Republicans have introduced to dismantle many of President Obama’s signature reforms such as the NECA-opposed Clean Power Plan and the Dodd-Frank Wall Street reform bill. It also includes a proposal to repeal “all climate-change regulations under the Clean Air Act.” Lastly, the plan is a critical part of Speaker Ryan’s agenda project, which he launched earlier this year to allow rank-and-file members to help craft a policy blueprint ahead of the November election.
2. On June 14, the Senate Finance Committee held a hearing entitled, “Energy Tax Policy in 2016 and Beyond.”
NECA’s Look Ahead: During the Hearing Chairman Orrin Hatch (R-UT) emphasized his support for an all of the above energy approach, and listed a litany of Obama Administration policies he said have or would impose additional tax and regulatory burdens on the fossil energy industries, resulting in an imbalanced market. He also said the primary purpose of the tax code should be to raise revenue. Ranking Member Wyden primarily pitched his technology neutral clean energy tax incentive proposal, but also noted the short-term need to act on a NECA-supported plan to extend the clean energy tax incentives that expire at the end of this year and enact the bill approved by the Senate Finance Committee including waste heat to power in the investment tax credit (ITC). For additional information, hearing statements, witness testimony, and archived webcast, please click here.
3. NECA sent a letter to all 100 Senators voicing its support for the bipartisan energy legislation recently approved by both the Senate and the House (S. 2012),
NECA’s Look Ahead: The letter urged members of the Senate to proceed to formal conference with the House on the legislation. It emphasized NECA’s appreciation for the hard work that Energy and Natural Resources Committee Chairman Lisa Murkowski (R-AK) and Ranking Member Maria Cantwell (D-WA) have put into the legislation. It also said that it was critically important for the chamber to move forward to conference so that the versions passed by the House and the Senate can be reconciled, and Congress can approve the first piece of comprehensive energy legislation in a decade. Be sure to tell your Senators to take action on this legislation by visiting the NECA Legislative Action Center today.