Congress set to rollback Obama's last minutes regs on energy business
Congressional Republicans are not wasting any time going after former president Barack Obama’s climate change legacy.The anti-energy left is expected to oppose the deregulation, but the Republicans believe they have the votes. Obama's regulatory zeal put a real drag on the US economy and is one of the main reasons why growth was so anemic during his presidency. They were real jobs killers, especially in the energy industry.
House Republicans are putting the final touches on legislation to overturn an Obama executive order limiting the amount of methane that can be vented and flared from oil and gas drilling sites on federal lands. The bill, along with another piece of legislation overturning an order protecting streams and wildlife around coal mines, is set to be introduced Monday,
“These are abusive, last minute regulations that are grossly inconsistent with congressional intent,” Rep. Rob Bishop, R-Utah, chairman of the House Natural Resources Committee, said in a conference call Friday. “They will impose a real an unnecessary cost on American people and communities.”
A day after a Republican retreat in Philadelphia headlined by President Donald Trump, party leaders are gearing up to roll back federal regulation at-large. At a meeting in the White House earlier this week, Trump told business leaders he wants to see federal rules reduced by three quarters.
Most immediately, Republicans plan to revive a little-used law signed by former president Bill Clinton in the 1990s that gave Congress the authority to overturn any regulation within 60 days of publication – a measure designed to keep presidential administration’s from tacking on regulations on their way out of the White House.
Known as the Congressional Review Act, it has only been used once in the past two decades. But now Republicans want to use it to tackle rules on everything from overtime pay to in this case greenhouse gas emissions.