Promoting Energy Independence and Economic Growth
Mar 31, 2017
Signed by: Donald Trump
Signed on: Mar 28, 2017
Published on: Mar 31, 2017
Mar 31, 2017
Signed by: Donald Trump
Signed on: Mar 28, 2017
Published on: Mar 31, 2017
Summary
Removes and reviews government rules to make it easier to produce energy in the United States, with the goal of creating jobs and growing the economy.
What problem does this solve?
Previous government rules made it difficult and expensive for companies to produce energy from sources like oil, gas, and coal. This order directs federal agencies to find and remove these burdensome regulations to support domestic energy production and economic growth.
What does this order do?
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Immediate review of all agency actions that potentially burden the safe, efficient development of domestic energy resources
Requires review of all rules that burden energy production
Orders all federal agencies to find and report on any existing rules or policies that make it harder to produce domestic energy from oil, natural gas, coal, and nuclear sources.
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Rescission of certain energy and climate-related presidential and regulatory actions
Revokes several climate change policies
Cancels multiple past executive orders and presidential memos related to preparing for climate change impacts, reducing carbon pollution, and linking climate change to national security.
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Review of the Environmental Protection Agency's “clean power plan” and related rules and agency actions
Orders review of the Clean Power Plan
Directs the Environmental Protection Agency (EPA) to review and likely suspend or cancel the Clean Power Plan, which limited greenhouse gas emissions from power plants.
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Review of estimates of the social cost of carbon, nitrous oxide, and methane for regulatory impact analysis
Disbands working group on the social cost of greenhouse gases
Gets rid of the group responsible for calculating the economic costs of climate change and withdraws its official cost estimates for carbon, methane, and nitrous oxide.
Lifts ban on new coal leases on federal land
Orders the Secretary of the Interior to end the temporary ban on leasing federal land to companies for coal mining.
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Review of regulations related to united states oil and gas development
Requires review of oil and gas regulations
Directs the EPA and the Secretary of the Interior to review rules related to hydraulic fracturing (fracking) and methane emissions from oil and gas operations.
Who does this affect?
- Energy companies (oil, gas, coal)
- Federal agencies (EPA, Department of the Interior)
- Environmental organizations
What is the real world impact?
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Prioritizes economic growth over environmental rules
Focuses on the economic costs of regulations, suggesting that some environmental protections are too expensive and slow down job creation. The order directs agencies to get rid of rules that burden the economy.
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Boosts domestic energy production
Aims to increase the production of oil, natural gas, and coal within the U.S. by removing regulations that are seen as obstacles. This is intended to make the country less reliant on foreign energy sources.
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Reverses previous climate change policies
Cancels several major climate-related actions from the previous administration, including the Clean Power Plan and guidance on considering climate change in national security. This signals a major shift in federal environmental policy.
When does this start?
This order took effect on March 28, 2017, and set several deadlines for federal agencies to review and report on energy regulations.
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Immediate review of all agency actions that potentially burden the safe, efficient development of domestic energy resources
Agency review plan submission
Within 45 days of the order, agencies must submit a plan for how they will review rules that burden energy production.
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Immediate review of all agency actions that potentially burden the safe, efficient development of domestic energy resources
Draft report on burdensome rules
Within 120 days, agencies must submit a draft report identifying burdensome rules and recommending how to fix them.
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Immediate review of all agency actions that potentially burden the safe, efficient development of domestic energy resources
Final report on burdensome rules
Within 180 days, agencies must finalize their reports on burdensome energy regulations.