This bill aims to comprehensively reform the permitting and licensing processes in the energy sector to boost domestic production of all types of energy.
Exports of crude oil, natural gas, and coal would be opened up to countries that the U.S. doesn't have sanctions on. Liquefied Natural Gas (LNG) export facilities would have to speed up the permitting process to cut down on existing application backlogs. Coal exports facilities would face a narrower environmental review process than what they currently face to help accelerate that process.
Energy development on federal lands would be expanded by giving states the authority to lease, permit, and regulate energy resources on federal lands — including oil, gas, wind, and solar. If states decide not to self-regulate these developments, the developments would be covered by accelerated federal leasing and permitting practices requiring a decision within 30 days. If a decision isn't made within 60 days, applications would be considered approved.
All revenues generated by energy exploration and extraction on federal lands that isn’t allocated to the states would be used exclusively to reduce the national debt.
All greenhouse gas regulations would be repealed. Air pollutants would be redefined to exclude carbon dioxide, water vapor, methane, nitrous oxide, hydrofluorocarbons, or sulfur hexafluoride. All proposed EPA rules regarding greenhouse gases and carbon pollution would be invalidated.
This legislation would make clear that the following Acts of Congress do not authorize or require the regulation of climate change or global warming:
Clean Air Act;
Federal Water Pollution Control Act;
National Environmental Policy Act of 1969 (NEPA);
Endangered Species Act of 1973;
Solid Waste Disposal Act.
Regulations that cover hydraulic fracturing (aka fracking) would be left to states to create and enforce, meaning that the federal government will stay out of the way. For Native American tribes, the EPA could only issue regulations fracking regulations if the tribe gives its express consent.
Construction on the Keystone XL pipeline could begin immediately, as this legislation would approve it and ensure that a presidential permit is not required for the project to begin.