Obama Administration Regulations Force Power Plant Shutdowns; Boosting Energy Prices and Destroying Jobs
AEP: EPA Plan Expected To Cost $6 Billion To $8 Billion Through Decade's End
DOW JONES NEWSWIRESBy Tess Stynes
American Electric Power Co. (AEP) estimates it may need to spend $6 billion to $8 billion through the end of the decade to comply with the Environmental Protection Agency's proposed regulations on coal-fueled power plants if they are approved in their current form.
The company has been reviewing options to shut down nearly 6,000 megawatts of coal-fired production in anticipation of tighter environmental regulations.
AEP, whose utility...
Committee Leaders Closely Monitoring Deadly E. Coli Outbreak in Germany – Seek Answers From FDA & CDC
WASHINGTON, DC - Energy and Commerce leaders who are closely following the deadly E. coli outbreak in Germany are seeking answers from the Food and Drug Administration and the Centers for Disease Control and Prevention to protect the public health. The outbreak, which has infected at least one American, has triggered global concern given the symptoms associated with the bacteria.
In the bipartisan letter to FDA Commissioner Margaret Hamburg and CDC Director Thomas Frieden, the committee leaders write, "As of June 6, 2011, case counts...
Bombshell Testimony Reveals Energy Secretary Ignored Technical Experts When Withdrawing Yucca Mountain Application
WASHINGTON, DC - During last week's Environment and the Economy Subcommittee hearing on "The Department of Energy's Role in Managing Civilian Radioactive Waste," witnesses revealed that Energy Secretary Steven Chu simply ignored the technical components of the Yucca Mountain nuclear repository when withdrawing the project's license application.
Christopher Kouts, a former 25-year DOE employee who served as acting director of the Office of Civilian Radioactive Waste Management and was the point person for the Yucca project, testified that Secretary Chu ignored technical experts when withdrawing the repository's...
Upton on Oil and Gas Discovery in the Gulf: Less Pain at the Pump and More American Jobs
WASHINGTON, DC - House Energy and Commerce Committee Chairman Fred Upton (R-MI) released the following statement in response to today's news that exploration in the Gulf of Mexico has uncovered existence of a massive oil and gas field.
"This discovery underscores the great potential of America's vast energy resources. The prospect of new American-made energy supplies means less pain at the pump for American families and more American jobs.
"ExxonMobil began work on this discovery well before the administration's drilling moratorium was initially...
FCC Chairman Agrees to GOP Demand to Finally Remove Fairness Doctrine from Rulebooks
WASHINGTON, DC -House Energy and Commerce Committee Chairman Fred Upton (R-MI) and Communications and Technology Subcommittee Chairman Greg Walden (R-OR) today welcomed news that the Federal Communications Commission Chairman has finally agreed to remove the "Fairness Doctrine" and several related rules from the Code of Federal Regulations. FCC Chairman Julius Genachowski announced his intentions to strike the unconstitutional limits on free speech in response to an inquiry made by Upton and Walden last week. Today, the members requested additional information on the process and timeline...
FULL TEXT: Walden Speech on AT&T/T-Mobile Merger, USF, and Intercarrier Compensation Reform
WASHINGTON, DC - House Energy and Commerce Subcommittee on Communications and Technology Chairman Greg Walden (R-OR) today delivered the following remarks to the Oregon and Washington Telecommunications Associations on the Universal Service Fund, Intercarrier Compensation reform, and the proposed AT&T/T-Mobile acquisition: Communications and Technology Subcommittee Chairman Greg WaldenOregon Telecommunications Association & Washington Telecommunications AssociationJune 7, 2011(As Prepared for Delivery) "It is a privilege for me to speak to you today in my capacity as Chairman of the House Energy and Commerce Committee's Subcommittee...
Obama Reg Czar Reveals Independent Agencies Refuse to Identify Job Smothering Red Tape
On January 18, 2011, President Obama signed Executive Order 13563 on Improving Regulation and Regulatory Review. The order states under the General Principles of Regulation: "Our regulatory system must protect public health, welfare, safety, and our environment while promoting economic growth, innovation, competitiveness, and job creation." The executive order required federal agencies to review existing regulations and submit preliminary plans by May 18. While independent agencies are not technically required to comply with the order, Sunstein has encouraged their participation.
During an exchange with Rep. Steve Scalise...
Subcommittee on Commerce, Manufacturing, and Trade Questions Sony and Epsilon Representatives on Recent Data Breaches
WASHINGTON, DC - The House Energy and Commerce Subcommittee on Commerce, Manufacturing, and Trade, chaired by Rep. Mary Bono Mack (R-CA), today examined the recent high-profile data breaches at Sony and Epsilon. These cyber crimes compromised the accounts and personal information of millions of Americans.
Representatives from both Sony and Epsilon testified in front of the subcommittee and provided detailed accounts of the events following the data breaches. Members were particularly interested in the companies' notification protocol following the intrusions.
Both witnesses voiced their support for federal data...