Welfare for corporations -- WASHINGTON BOARD

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Date Posted: 19:19:48 01/31/02 Thu
Author: Grumpy�
Author Host/IP: 155-41.poccpe.cableone.net / 24.116.155.41
Subject: Welfare for corporations
In reply to: Normal 's message, "Official energy policy site" on 13:22:03 01/31/02 Thu

Extracted from summaries

"CHAPTER THREE

Protecting America�s Environment:
Sustaining the Nation�s Health and Environment

The NEPD Group recommends that the President direct the Administrator of the Environmental Protection Agency (EPA) to propose multi-pollutant legislation. The NEPD Group recommends that the President direct the EPA Administrator to work with Congress to propose legislation that would establish a flexible, market-based program to significantly reduce and cap emissions of sulfur dioxide, nitrogen oxides,
and mercury from electric power generators. Such a program (with appropriate measures to address local concerns) would provide significant public health benefits even as we increase electricity supplies.
Establish mandatory reduction targets for emissions of three main pollutants: sulfur dioxide, nitrogen oxides, and mercury.
Phase in reductions over a reasonable period of time, similar to the successful acid rain reduction program established by the 1990 amendments to the Clean Air Act.
Provide regulatory certainty to allow utilities to make modifications to their plants without fear of new litigation.
Provide market-based incentives, such as emissions trading credits to help achieve the required reductions.
The NEPD Group recommends the President direct the Secretary of the Interior to work with Congress to create the �Royalties Conservation Fund.�
This fund will earmark potentially billions of dollars in royalties from new oil and gas production in ANWR to fund land conservation efforts.
This fund will also be used to eliminate the maintenance and improvements backlog on federal lands.
The NEPD Group recommends the President issue an Executive Order to rationalize permitting for energy production in an environmentally sound manner by directing
federal agencies to expedite permits and other federal actions necessary for energy-related project approvals on a national basis. This order would establish an inter-agency
task force chaired by the Council on Environmental Quality to ensure that federal agencies responsible for permitting energy-related facilities are coordinating their efforts. The task force will ensure that federal agencies set up appropriate mechanisms to coordinate federal, state, tribal, and local permitting activity in particular regions where increased activity is expected."

Issue an executive order? Government by fiat? Haven't we been there before? Market incentives for trading pollutants? Guess we want to create another Enron, huh?

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