Zero-Based Regulatory Budgeting to Unleash American Energy
Summary
This executive order directs specific agencies to incorporate sunset provisions into their energy production regulations. The goal is to compel agencies to re-examine these regulations periodically. This re-examination is intended to ensure the rules serve the public good by rescinding outdated regulations that hinder progress, stimulate innovation, and foster prosperity.
Expected Effects
The order will likely lead to a review of existing energy regulations across multiple agencies. Some regulations may be rescinded or modified based on public comment and agency findings. This could potentially reduce the regulatory burden on energy producers and impact energy production costs and practices.
Potential Benefits
- Potential for reduced regulatory burden on energy producers, leading to lower energy costs.
- Stimulation of innovation in the energy sector through the removal of outdated regulations.
- Increased efficiency in government agencies by requiring periodic review of regulations.
- Opportunity for public input on the costs and benefits of energy regulations.
- Streamlined regulatory processes, potentially attracting investment in the energy sector.
Potential Disadvantages
- Potential weakening of environmental and safety regulations related to energy production.
- Risk of agencies not adequately reviewing regulations, leading to the extension of ineffective or harmful rules.
- Uncertainty for businesses due to the periodic sunset and review process.
- Possible negative impacts on public health and the environment if regulations are rescinded without proper assessment.
- Increased administrative burden on agencies to conduct the required reviews and public comment periods.
Most Disadvantaged Areas:
Constitutional Alignment
The executive order's constitutional alignment is complex. The President's authority stems from Article II, which vests executive power and the duty to ensure laws are faithfully executed. However, Congress has the power to legislate (Article I), and agencies derive their regulatory authority from statutes passed by Congress. The order's requirement for agencies to review and potentially rescind regulations could be seen as an encroachment on Congressional authority if it leads to actions contrary to the intent of the underlying statutes. The order also includes a severability clause, indicating an awareness of potential legal challenges.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).