Issue Position: Energy

Issue Position

By: Mike Lee
By: Mike Lee
Date: Jan. 1, 2016

Energy Production and Project Delivery Act (S. 17)
Reforming America's energy policy is one of the fastest ways to create jobs, grow the economy and help the bottom line of every family budget. The Energy Production and Project Delivery Act recognizes the immense opportunity offered by the development of America's energy resources. Now that we have overwhelming evidence of the positive benefits of responsible growth on private and state land, it is time to lift the barriers to federally-controlled areas on- and off-shore.
*Opens certain areas of the outer continental shelf and ANWR to energy development
*Expedites judicial review of energy projects
*Improves revenue sharing with states
(Source: Senator David Vitter's website)

Energy Freedom and Economic Prosperity Act (HR 259)
Washington should not be using taxpayer money to pick winners and losers in the energy industry. Consumer-driven, free-market competition provides a much better way to ensure Americans have access to reliable, affordable energy. The Energy Freedom and Economic Prosperity Act would level the playing field for all energy producers, forcing them to compete for consumer dollars rather than political favors.
*Phases out all technology-specific energy subsidies in the tax code
*Reduces corporate dependence on Washington handouts
*Offsets any net tax increase with a reduction in the corporate tax rate
(Source: Rep. Mike Pompeo's website)

American Energy Renaissance Act (S. 2170, HR 4286)
The bill would empower the private sector to create good-paying, American jobs and spur economic growth by harnessing our nation's energy resources and removing federal impediments to energy exploration, development and trade. It will also provide a real reset of our foreign policy so we are no longer beholden to unfriendly nations for our energy needs, and can use our own resources to exert our influence around the globe.
*Prevents federal regulation of hydraulic fracturing,
*Facilitates the expansion of domestic refining capacity,
*Improves processes to develop energy infrastructure,
*Stops EPA overreach and its war on coal,
*Forces Congress and the President to approve any new EPA regulations that kill jobs,
*Broadens energy development on federal land,
*Opens offshore exploration,
*Expands U.S. energy exports,
*Dedicates additional revenues to debt reduction


Source
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