Zero-Based Regulatory Budgeting To Unleash American Energy
Headline: Agencies Must Add Sunset Dates to Major Energy Regulations
What it does: Agencies must insert conditional sunset dates into covered energy regulations and seek public comment before extensions.
- Many existing energy regulations will expire unless agencies extend them.
- Agencies must review rules and seek public comment before extensions.
- Could remove regulatory barriers affecting energy producers and projects.
Summary
This order requires major federal agencies that regulate energy to add conditional sunset dates to their rules. Existing covered rules get a one-year sunset unless the agency extends them; new rules must include a sunset no more than five years ahead. Agencies must offer the public a chance to comment on costs and benefits before deciding to extend any rule.
It applies to the Environmental Protection Agency, Department of Energy, electricity and nuclear regulators, several Interior bureaus, and the Army Corps of Engineers. The order says this will remove outdated requirements that hinder energy innovation and production.
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