Yesterday, House Energy & Commerce Committee Chairman Fred Upton (R-MI) and Subcommittee on Energy & Power Chairman Ed Whitfield (R-KY) introduced the Energy Tax Prevention Act (H.R. 910) “to block EPA’s controversial backdoor climate change agenda that would further drive up the price of energy for American consumers and job creators at a time when gas prices are already spiking and job creation remains weak.” The Energy Tax Prevention Act fulfills a Pledge to America promise “to oppose attempts to impose a national ‘cap and trade’ energy tax,” and moves the new majority another step forward in its pledge to rein in the job-stifling regulations that are making it harder to create jobs. In a statement released yesterday, Chairmen Upton and Whitfield underscored the need to pass this critical legislation:
“‘Whether at the pump or on their monthly utility bills, American families, farmers, and employers feel the pinch when energy prices go up. The very last thing the federal government should do is make matters worse by intentionally driving up the cost of energy. Yet that is exactly what’s in store if the EPA moves forward with its plans to regulate and penalize carbon emissions under the Clean Air Act,’ said Chairman Upton.
“‘The EPA is pursuing a dramatic shift in our nation’s energy and environmental policy that would send shock waves through our economy,’ said Chairman Whitfield. ‘Setting the course of our energy policy is the job of Congress, not a single federal agency acting without authority. The Energy Tax Prevention Act is a sensible, straightforward plan to end the uncertainty and economic threat posed by the EPA’s climate change agenda.’”
H.R. 910 has already garnered the support of three House Democrats, including House Transportation & Infrastructure Committee Ranking Member Nick Rahall (D-WV) who said “the EPA needs to be reined in,” and warned that “If Congress does not do something about the regulations being imposed on our farmers, ranchers and rural communities, the economic effects could be devastating.”
With the price of oil topping $100 a barrel and the average gas price at its highest since October 2008, it is clear that our economy cannot afford new job-crushing energy regulations that will raise costs for American families and small businesses. Economists are already warning that the rising oil prices pose a threat to our economy, and yet the Obama Administration “has so much wrapped up in its green-energy agenda…it seems unwilling to do more” to help control the gas price spike. The new majority understands that Americans want more jobs, not more red tape, and will continue fighting to rein in energy costs and protect American jobs by stopping the EPA regulations and backing an all-of-the-above energy policy that supports domestic energy production, provides for more clean renewable and alternative fuels, and increases conservation.
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