President Trump’s Energy Policy

BY ON October 10, 2016

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The Trump transition team has launched a website, greatagain.gov. The site spells out the incoming administration’s policy priorities.

Energy Independence

The Trump Administration will make America energy independent.  Our energy policies will make full use of our domestic energy sources, including traditional and renewable energy sources.  America will unleash an energy revolution that will transform us into a net energy exporter, leading to the creation of millions of new jobs, while protecting the country’s most valuable resources – our clean air, clean water, and natural habitats. America is sitting on a treasure trove of untapped energy. In fact, America possesses more combined coal, oil, and natural gas resources than any other nation on Earth. These resources represent trillions of dollars in economic output and countless American jobs, particularly for the poorest Americans.

Rather than continuing the current path to undermine and block America’s fossil fuel producers, the Trump Administration will encourage the production of these resources by opening onshore and offshore leasing on federal lands and waters. We will streamline the permitting process for all energy projects, including the billions of dollars in projects held up by President Obama, and rescind the job-destroying executive actions under his Administration.  We will end the war on coal, and rescind the coal mining lease moratorium, the excessive Interior Department stream rule, and conduct a top-down review of all anti-coal regulations issued by the Obama Administration.  We will eliminate the highly invasive “Waters of the US” rule, and scrap the $5 trillion dollar Obama-Clinton Climate Action Plan and the Clean Power Plan and prevent these unilateral plans from increasing monthly electric bills by double-digits without any measurable effect on Earth’s climate.  Energy is the lifeblood of modern society. It is the industry that fuels all other industries.  We will lift the restrictions on American energy, and allow this wealth to pour into our communities. It’s all upside: more jobs, more revenues, more wealth, higher wages, and lower energy prices.

The Trump Administration is firmly committed to conserving our wonderful natural resources and beautiful natural habitats. America’s environmental agenda will be guided by true specialists in conservation, not those with radical political agendas.  We will refocus the EPA on its core mission of ensuring clean air, and clean, safe drinking water for all Americans.  It will be a future of conservation, of prosperity, and of great success.

Regulatory Reform

Regulatory reform is cornerstone of the Trump Administration, and the effort will include a temporary moratorium on all new regulation, canceling overarching executive orders and a thorough review to identify and eliminate unnecessary regulations that kill jobs and bloat government.

Federal regulators have issued 20,642 regulations since 2009, which have increased regulatory compliance costs by more than $100 billion annually. Independent estimates total regulatory costs as exceeding $2 trillion annually and small businesses, the driver of job creation, disproportionally face higher annual regulatory costs of $10,585 per employee per year ­— 36 percent above the regulatory cost facing large firm.

The regulatory bureaucracy is enormous and its impact on our economy, communities and individual Americans from coast to coast is even larger.  While reasonable regulations are needed to address issues ranging from ensuring public safety to ensuring proper stewardship of our National Parks’ crown jewels, this can be accomplished without the profound damage to our economy and our freedoms that is currently inflicted by the regulatory bureaucracy.  The Trump Administration is committed to regulatory reform that will produce sensible regulations that allow America to be great.

TOPICS: Clean Air Act, Clean Air Rules and Regulations, Climate Change, Environment, EPA, Politics, Pollution