Rep. Brett Guthrie on Removing Biden-Era 'Red Tape' for Energy Production
Forbes Breaking NewsJune 7, 20252 min1,414 views
3 connections·5 entities in this video→Overturning the 'Once In Always' Rule
- 🎯 The legislation addresses a key issue created by the Biden-Harris administration that harms American businesses and disincentivizes pollution reduction investments.
- 💡 The rule, originally from the Clinton administration, is known as the 'once in always' rule, which penalized job creators and energy producers who invested in new technologies to lower pollution.
- ⚠️ Under this rule, if a business's emissions reach a certain level and they become a 'major source,' they remain classified as such regardless of future emission reductions or investments in new equipment.
Disincentivizing Emission Reductions
- 📉 This 'one-way ratchet' effect creates a disincentive for businesses to lower their emissions or standards, which is counterintuitive to environmental goals.
- 🚫 Companies may be hesitant to invest in lowering emissions if they know they cannot revert to being classified as an 'area source' with less stringent regulations.
Unleashing American Energy and Innovation
- 🚀 Passing this resolution of disapproval under the Congressional Review Act aims to unleash American energy production.
- 💰 The goal is to ensure that investments in the economy are focused on jobs, growth, and innovation, rather than being consumed by unworkable government red tape.
- ✅ The resolution is supported to remove burdensome regulations and encourage businesses to proactively reduce their environmental impact.
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Biden-Harris AdministrationEPA RuleClean Air ActMajor Source Emission StandardsArea SourcesPollution ReductionAmerican BusinessesEnergy ProductionCongressional Review ActGovernment Red TapeEmissions StandardsEnvironmental Regulations
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