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American Energy Independence Act of 2022
12/29/2022, 9:48 PM
Summary of Bill HR 6884
One of the key provisions of the bill is the expansion of domestic energy production through the development of new oil and gas reserves, as well as the promotion of clean energy technologies such as solar and wind power. The bill also includes measures to streamline the permitting process for energy projects and incentivize investment in energy infrastructure.
Additionally, the American Energy Independence Act of 2022 includes provisions to improve energy efficiency in buildings and transportation, as well as measures to promote research and development in new energy technologies. The bill also aims to reduce greenhouse gas emissions and combat climate change by setting targets for emissions reductions and promoting the use of clean energy sources. Overall, the American Energy Independence Act of 2022 is a comprehensive piece of legislation that seeks to promote energy independence, reduce reliance on foreign sources of energy, and combat climate change through a combination of increased domestic energy production, promotion of renewable energy sources, and measures to improve energy efficiency.
Congressional Summary of HR 6884
American Energy Independence Act of 2022
This bill addresses U.S. energy independence, the production and importation of oil and natural gas, and the rescission of specified environmental requirements. Specifically, the bill directs the President to develop a plan for the United States to achieve energy independence by 2024. The Department of Energy (DOE) must also develop a program and issue rules to ensure that the United States achieves such energy independence and becomes a net exporter of energy.
The bill also addresses energy pipelines, including by approving the TransCanada Keystone Pipeline in Phillips County, Montana for the import of oil from Canada to the United States. It also provides for energy production, including by requiring regulations to be issued by
- DOE to reduce requirements on entities harvesting energy through hydraulic fracturing,
- the Department of Transportation to promote stable and affordable gasoline and diesel prices, and
- the Department of the Interior to promote the leasing of federal land for oil and natural gas production.
In addition, the Environmental Protection Agency (EPA) must identify and repeal certain regulations that substantially reduce energy independence. Further, the bill prohibits the use of any funds to implement the Paris Agreement on climate change. Finally, the bill rescinds (1) Executive Order 14008 about tackling climate change, (2) the 2021 proposed rule issued by the EPA and the U.S. Army Corps of Engineers about the scope of the Clean Water Act, and (3) the 2021 proposed rule issued by the EPA about methane gas emissions.
