Republican Party

08/06/2020 | Press release | Archived content

While Biden Wants Stifling Regulations, Trump Has Unleashed U.S. Innovation

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JOE BIDEN WANTS TO REDUCE U.S. CARBON EMISSIONS THROUGH 'AGGRESSIVE' REGULATIONS

Joe Biden's $2 trillion climate plan aims to achieve net-zero emissions by imposing 'aggressive' regulations on energy producers, construction companies and auto manufacturers.

Biden wants to impose big-government mandates through 'enforcement mechanisms ' that would impose deadlines on meeting his emissions goals.

The Biden-Sanders unity task force supports establishing 'rules, policies and guidance to ensure sound environmental and natural resource regulations and standards that aggressively reduce conventional and greenhouse gas pollution.'

Biden has also pledged to strengthen auto emissions standards.

Joe Biden has said there would be no place for fossil fuels, including coal and fracking, in his administration saying 'we would make sure it's eliminated.'

Biden has made it clear that he would not issue new fracking permits for federal lands or waters.

The Biden climate plan would require all public companies to report 'climate risks' in not only their own operations, but also in their supply chain.

BIDEN'S BIG GOVERNMENT APPROACH HAS ALREADY FAILED IN VERMONT

In 2005, Vermont lawmakers set a goal to reduce greenhouse gases by 25% below 1990 levels by 2012, and 50% by 2028.

Additionally, Vermont adopted many programs similar to Biden's initiatives including:

Initiatives to upgrade commercial and residential buildings to make them more efficient;

Vehicle emissions standards;

Enhancing transit options and operations;

Regulations that incentivized local fuel economy through a series of fines and rebates.

14 years later, Vermont yielded 'not so much cleaner air, but embarrassment' as emissions actually increased 16 percent over 1990 levels.

Sandra Levine, a senior attorney based in Vermont for the Conservation Law Foundation: 'We weren't just missing the target, we were moving backward.'

THE TRUMP ADMINISTRATION HAS REJECTED FAILED OBAMA CLIMATE REGULATIONS THAT CRIPPLED THE NATION'S ENERGY ECONOMY AND HIT LOW-INCOME AMERICANS HARDEST

President Trump has protected communities from government overreach, replacing President Obama's Clean Power Plan with the Affordable Energy Rule, which gives states more authority to make their own plans regulating emission.

The Trump Administration lifted the ban on new coal leasing on federal land.

The Trump Administration has protected American farmers from regulatory burdens by repealing the Obama-era Water of The United States Rule.

Under the rule, the Obama/Biden Administration threatened a family with up to $37,500 a day in fines because they built an environmentally friendly pond for their horses.

In another case a 77-Year-old Navy veteran was imprisoned and ordered to pay $130,000 after the EPA declared several small ponds he created as federally protected navigable waters.

Deregulation has a real impact on everyday Americans and President Trump's actions to combat government overreach are expected to increase real incomes of Americans by $53 billion per year over the period of 2021- 2029.

It's the poorest Americans who are seeing the largest impact, the net effect of President Trump's deregulatory actions represent a nearly 15% savings for families with the lowest incomes.

Due to President Trump's regulatory relief in the shale industry, the global price of oil has dropped by 10%, saving the poorest quintile of Americans almost 7% of their household income.

PRESIDENT TRUMP HAS BALANCED ENVIRONMENTAL PROTECTION WITH ECONOMIC GROWTH, PRIORITIZING AMERICAN INNOVATION

Instead of imposing job killing regulations, the Trump Administration has promoted technology that reduces carbon emissions while strengthening America's energy independence.

During this year's State of the Union, President Trump reaffirmed his commitment to join the global One Trillion Trees Imitative.

The Trump Administration has invested $11.5 million in 12 projects as part of phase 1 of the Advanced Research Projects Agency- Energy's (ARPA-E) Flexible Carbon Capture And Storage Program (FLECCS).

The project will develop carbon capture storage processes that enable the next generation of flexible, low-cost, and low-carbon electricity systems.

The Trump Administration provided $118 million to support the Coal FIRST Initiative which will convert coal, biomass, and waste plastics to 'generate clean and affordable carbon-neutral electricity and hydrogen.'

The Trump Administration announced more than $97 million in funding for 33 projects that will support technology and research to improve the performance and cost of biofuels, biopower, and bioproducts from waste resources.

The Trump Administration announced five projects would receive up to $28 million to promote the advancement of the next generation of geothermal energy technologies.

THANKS TO PRESIDENT TRUMP'S APPROACH, THE U.S. HAS ACHIEVED ENERGY INDEPENDENCE WHILE REDUCING CARBON EMISSIONS

In 2019, U.S. total annual energy exports exceeded total annual energy imports for the first time in 67 years, and the United States became a net total energy exporter.

Last year, total U.S. energy production increased by 5.7 percent in 2019 while U.S. energy demand decreased by 0.9 percent.

In 2019, the U.S. saw the a record 2.9% decline in carbon emissions, U.S. emissions are now down almost 1 gigatonne from their peak in the year 2000, the largest absolute decline by any country over that period.

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