Climate Dereg: ‘Energy Independence and Economic Growth’ (Trump’s EO of March 28, 2017)

By Robert Bradley Jr. -- March 29, 2021 No Comments

“It is in the national interest to promote clean and safe development of our Nation’s vast energy resources, while at the same time avoiding regulatory burdens that unnecessarily encumber energy production, constrain economic growth, and prevent job creation.”

– President Trump, Executive Order (March 28, 2017)

Do you miss the prior Administration’s record on energy and climate–and push-back against environmental excesses otherwise?

With the Biden Administration scrambling to hoist an anti-consumer energy/climate agenda on Americans on short notice, it is important to keep the opportunity cost of free markets and America-first in mind.

Four years ago, President Trump signed into law one of the most libertarian, free-market executive orders in energy history, easily rivaling that of President Reagan’s oil price and allocation decontrol executive order of early 1981. Titled Promoting Energy Independence and Economic Growth, Executive Order 13783 began with this paragraph:

Section 1.

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Gas Furnaces vs. DOE’s EERE (Trump trumps Obama, but Biden is Next)

By Robert Bradley Jr. -- February 11, 2021 1 Comment

“Bad economics required the DOE furnace mandate in the first place: replacing gas furnaces are much cheaper than a new electric heating refit even with a longer-term, back-end savings. Why? Because consumers, given the choice, chose gas.”

The mandatory energy efficiency movement (conservationism vs. market conservation) arose alongside oil and natural gas shortages in the 1970s. It began prior to the Arab Embargo as President Nixon’s price control order of August 1971 was having its predictable, undesirable effect.

In March 1973, wholesale oil shortages and dire resource predictions led Congress to hold a full-fledged energy conservation hearing. The first fuel conservation hearing in decades, a new movement was begun not seen since World War II’s fuel rationing program.

What began with the Emergency Petroleum Allocation Act of 1973 continued apace in the Energy Policy and Conservation Act of 1975 and with the creation of the U.S.

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Trump Administration Accomplishments (Part II: ‘Massive Deregulation’)

By Robert Bradley Jr. -- January 20, 2021 1 Comment

“Instead of 2-for-1, we eliminated 8 old regulations for every 1 new regulation adopted.”

Yesterday, MasterResource highlighted the energy- and climate-related actions summarized by the Trump Administration itself. Today, we reproduce their highlights regarding deregulation in general.

Make no mistake: there were increasing regulation and restrictions in some areas to counter the deregulation in others, energy included. Note the bullet near the bottom of the list below:

  • Placed a moratorium on offshore drilling off the coasts of Georgia, North Carolina, South Carolina, and Florida.

That was to help win some swing states. Same for ethanol subsidies for the Midwest. Politics is politics; you can’t win them all.

What sank Trump–and Trump policies–was the Pandemic itself, not his interventionist policies as argued here. The Pandemic, in Crisis & Leviathan style, reversed the economic boom and led to panicked policy at different levels of government.

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Trump Administration Accomplishments (Part I: ‘American Energy Independence’)

By Robert Bradley Jr. -- January 19, 2021 No Comments

Last week, MasterResource summarized the energy- and climate-related highlights of the Trump presidency. The Trump Administration itself just released its highlight list, which is presented today for energy and tomorrow for regulation in general.

Some listed accomplishments below, however, are woke:

  • Renewable energy production and consumption both reached record highs in 2019.
  • Enacted policies that helped double the amount of electricity generated by solar and helped increase the amount of wind generation by 32 percent from 2016 through 2019.

Perfection can be the enemy of the good, and energy was no exception for Trump. In tomorrow’s list, for example, is this step back:

  • Placed a moratorium on offshore drilling off the coasts of Georgia, North Carolina, South Carolina, and Florida.
  • Authorized ethanol producers to sell E15 year-round and allowed higher-ethanol gasoline to be distributed from existing pumps at filling stations.
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Trump’s Energy/Climate Policies in Review (Part II)

By Robert Bradley Jr. -- January 13, 2021 1 Comment Continue Reading

Trump on Energy, Environment, and Regulation (Part I)

By Robert Bradley Jr. -- January 12, 2021 3 Comments Continue Reading

Trump’s Last Regulatory White Paper (Fall 2020 Regulatory Plan)

By Robert Bradley Jr. -- December 14, 2020 No Comments Continue Reading

Energy Efficiency Policy Under Trump (Part III: Litigation)

By -- December 10, 2020 1 Comment Continue Reading

Energy Efficiency Policy Under Trump (Part II: EERE’s Process Rule & Overhaul)

By -- December 9, 2020 3 Comments Continue Reading

Energy Efficiency Policy Under Trump (Part I: A Mixed Bag in the Swamp)

By -- December 8, 2020 3 Comments Continue Reading