Press Releases

July 26, 2012 | Press Release
Under President Obama, the issuance of economically significant regulations – those regulations that cost the economy at least $100 million annually – has increased significantly. In fact, according to OMB data, President Obama has issued, on average, 35 percent more economically significant regulations than the prior administration. These regulations are more costly too, imposing an estimated $5.7 to $11.3 billion per year on our economy, up to twice the cost of regulation in previous years. This excessive regulation is creating uncertainty for the nation’s small businesses.
July 26, 2012 | Press Release
WASHINGTON, DC – The Subcommittee on Environment and the Economy today approved S. 710, the Hazardous Waste Electronic Manifest Establishment Act, as amended. The legislation, which passed the Senate unanimously last summer, is a commonsense solution that will modernize the way the federal government and states track the shipment of hazardous waste. The legislation calls for replacing the current paper-based tracking system with an electronic system, which would help reduce paper work, streamline processes, and eliminate government waste.
July 25, 2012 | Press Release
WASHINGTON, DC – The House Energy and Commerce Subcommittee on Energy and Power, chaired by Rep. Ed Whitfield (R-KY), today approved a draft of the “No More Solyndras Act.” The measure passed the subcommittee by a vote of 14 to 6 and now moves to the full committee for consideration, which could be as early as next week.
July 25, 2012 | Press Release
WASHINGTON, DC – As the Energy and Power Subcommittee prepares to vote on the “No More Solyndras Act,” the House Energy and Commerce Committee this morning released an extensive report on the legality of the Department of Energy’s decision to move Solyndra’s wealthy investors ahead of taxpayers in the restructuring of the solar company’s $535 million loan guarantee.
July 25, 2012 | Press Release
China is looking to secure its foothold on Canada’s oil sands, an entirely unsurprising development as President Obama continues to ignore North America’s rich energy resources and delay construction of the Keystone XL pipeline. On Monday, China's state-owned Cnooc offered to buy the Canadian energy company Nexen, a significant player in the oil sands market. The Wall Street Journal editorial page today describes this move as “a post-Keystone XL pipeline bid to replace the U.S.
July 25, 2012 | Press Release
WASHINGTON, DC – The House Energy and Commerce Committee today released a list of letters and statements showing the growing support for the “No More Solyndras Act,” a signature piece of committee legislation co-authored by full committee Chairman Fred Upton (R-MI) and Oversight and Investigations Subcommittee Chairman Cliff Stearns (R-FL).

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