S.Amdt. 90Senate114th Congress (2015-2017)

S.Amdt. 90

What it does: Adds TITLE II--ENERGY CONSUMERS RELIEF after section 2
Submitted January 21, 2015

What it changes

1 change to S. 1 · shown in the bill's text

Adds a section
  1. Adds TITLE II--ENERGY CONSUMERS RELIEF after section 2

    Adds a title

    In S. 1 · Placed on Calendar Senate

    (e) Private Property Savings Clause.--Nothing in this Act alters any Federal, State, or local process or condition in effect on the date of enactment of this Act that is necessary to secure access from an owner of private property to construct the pipeline and cross-border facilities described in subsection (a).

    Inserted: TITLE II--ENERGY CONSUMERS RELIEF

    Inserted: SECTION 201. SHORT TITLE.

    Inserted: This title may be cited as the "Energy Consumers Relief Act of 2015".

    Inserted: SEC. 202. DEFINITIONS.

    Inserted: In this title:

    Inserted: (1) Administrator.--The term "Administrator" means the Administrator of the Environmental Protection Agency.

    Inserted: (2) Direct costs.--The term "direct costs" has the meaning given the term in chapter 8 of the report of the Environmental Protection Agency entitled "Guidelines for Preparing Economic Analyses" and dated December 17, 2010.

    Inserted: (3) Energy-related rule that is estimated to cost more than $1,000,000,000.--The term "energy-related rule that is estimated to cost more than $1,000,000,000" means a rule of the Environmental Protection Agency that--

    Inserted: (A) regulates any aspect of the production, supply, distribution, or use of energy or provides for such regulation by States or other governmental entities; and

    Inserted: (B) is estimated by the Administrator or the Director of the Office of Management and Budget to impose direct costs and indirect costs, in the aggregate, of more than $1,000,000,000.

    Inserted: (4) Indirect costs.--The term "indirect costs" has the meaning given the term in chapter 8 of the report of the Environmental Protection Agency entitled "Guidelines for Preparing Economic Analyses" and dated December 17, 2010.

    Inserted: (5) Rule.--The term "rule" has the meaning given to the term in section 551 of title 5, United States Code.

    Show 32 more inserted paragraphs

    Inserted: (6) Secretary.--The term "Secretary" means the Secretary of Energy.

    Inserted: SEC. 203. PROHIBITION AGAINST FINALIZING CERTAIN ENERGY-RELATED RULES THAT WILL CAUSE SIGNIFICANT ADVERSE EFFECTS TO THE ECONOMY.

    Inserted: Notwithstanding any other provision of law, the Administrator may not promulgate as final an energy-related rule that is estimated to cost more than $1,000,000,000 if the Secretary determines under section 204(b)(3) that the rule will cause significant adverse effects to the economy.

    Inserted: SEC. 204. REPORTS AND DETERMINATIONS PRIOR TO PROMULGATING AS FINAL CERTAIN ENERGY-RELATED RULES.

    Inserted: (a) In General.--Before promulgating as final any energy-related rule that is estimated to cost more than $1,000,000,000, the Administrator shall carry out the requirements of subsection (b).

    Inserted: (b) Requirements.--

    Inserted: (1) Report to congress.--The Administrator shall submit to Congress and the Secretary a report containing--

    Inserted: (A) a copy of the rule;

    Inserted: (B) a concise general statement relating to the rule;

    Inserted: (C) an estimate of the total costs of the rule, including the direct costs and indirect costs of the rule;

    Inserted: (D)(i) an estimate of the total benefits of the rule and when such benefits are expected to be realized;

    Inserted: (ii) a description of the modeling, the calculations, the assumptions, and the limitations due to uncertainty, speculation, or lack of information associated with the estimates under this subparagraph; and

    Inserted: (iii) a certification that all data and documents relied upon by the Environmental Protection Agency in developing the estimates--

    Inserted: (I) have been preserved; and

    Inserted: (II) are available for review by the public on the Web site of the Environmental Protection Agency, except to the extent to which publication of the data and documents would constitute disclosure of confidential information in violation of applicable Federal law;

    Inserted: (E) an estimate of the increases in energy prices, including potential increases in gasoline or electricity prices for consumers, that may result from implementation or enforcement of the rule; and

    Inserted: (F) a detailed description of the employment effects, including potential job losses and shifts in employment, that may result from implementation or enforcement of the rule.

    Inserted: (2) Initial determination on increases and impacts.--The Secretary, in consultation with the Federal Energy Regulatory Commission and the Administrator of the Energy Information Administration, shall prepare an independent analysis to determine whether the rule will cause any--

    Inserted: (A) increase in energy prices for consumers, including low-income households, small businesses, and manufacturers;

    Inserted: (B) impact on fuel diversity of the electricity generation portfolio of the United States or on national, regional, or local electric reliability;

    Inserted: (C) adverse effect on energy supply, distribution, or use due to the economic or technical infeasibility of implementing the rule; or

    Inserted: (D) other adverse effect on energy supply, distribution, or use, including a shortfall in supply and increased use of foreign supplies.

    Inserted: (3) Subsequent determination on adverse effects to the economy.--If the Secretary determines under paragraph (2) that the rule will cause an increase, impact, or effect described in that paragraph, the Secretary, in consultation with the Administrator, the Secretary of Commerce, the Secretary of Labor, and the Administrator of the Small Business Administration, shall--

    Inserted: (A) determine whether the rule will cause significant adverse effects to the economy, taking into consideration--

    Inserted: (i) the costs and benefits of the rule and limitations in calculating the costs and benefits due to uncertainty, speculation, or lack of information; and

    Inserted: (ii) the positive and negative impacts of the rule on economic indicators, including those related to gross domestic product, unemployment, wages, consumer prices, and business and manufacturing activity; and

    Inserted: (B) publish the results of the determination made under subparagraph (A) in the Federal Register.

    Inserted: SEC. 205. PROHIBITION ON USE OF SOCIAL COST OF CARBON IN ANALYSIS.

    Inserted: (a) Definition of Social Cost of Carbon.--In this section, the term "social cost of carbon" means--

    Inserted: (1) the social cost of carbon as described in the technical support document entitled "Technical Support Document: Technical Update of the Social Cost of Carbon for Regulatory Impact Analysis Under Executive Order 12866", published by the Interagency Working Group on Social Cost of Carbon, United States Government, in May 2013 (or any successor or substantially related document); or

    Inserted: (2) any other estimate of the monetized damages associated with an incremental increase in carbon dioxide emissions in a given year.

    Inserted: (b) Prohibition on Use of Social Cost of Carbon in Analysis.--Notwithstanding any other provision of law or any Executive order, the Administrator may not use the social cost of carbon to incorporate social benefits of reducing carbon dioxide emissions, or for any other reason, in any cost-benefit analysis relating to an energy-related rule that is estimated to cost more than $1,000,000,000 unless a Federal law is enacted authorizing the use.

    Original wording

    After section 2, insert the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed

SA 90. Mr. CASSIDY (for himself and Mr. Heller) submitted an amendment intended to be proposed by him to the bill S. 1, to approve the Keystone XL Pipeline; which was ordered to lie on the table; as follows:

After section 2, insert the following:

TITLE II--ENERGY CONSUMERS RELIEF

SECTION 201. SHORT TITLE.

This title may be cited as the “Energy Consumers Relief Act of 2015”.

SEC. 202. DEFINITIONS.

In this title:

(1) Administrator.--The term “Administrator” means the Administrator of the Environmental Protection Agency.

(2) Direct costs.--The term “direct costs” has the meaning given the term in chapter 8 of the report of the Environmental Protection Agency entitled “Guidelines for Preparing Economic Analyses” and dated December 17, 2010.

(3) Energy-related rule that is estimated to cost more than $1,000,000,000.--The term “energy-related rule that is estimated to cost more than $1,000,000,000” means a rule of the Environmental Protection Agency that--

(A) regulates any aspect of the production, supply, distribution, or use of energy or provides for such regulation by States or other governmental entities; and

(B) is estimated by the Administrator or the Director of the Office of Management and Budget to impose direct costs and indirect costs, in the aggregate, of more than $1,000,000,000.

(4) Indirect costs.--The term “indirect costs” has the meaning given the term in chapter 8 of the report of the Environmental Protection Agency entitled “Guidelines for Preparing Economic Analyses” and dated December 17, 2010.

(5) Rule.--The term “rule” has the meaning given to the term in section 551 of title 5, United States Code.

(6) Secretary.--The term “Secretary” means the Secretary of Energy.

SEC. 203. PROHIBITION AGAINST FINALIZING CERTAIN ENERGY-RELATED RULES THAT WILL CAUSE SIGNIFICANT ADVERSE EFFECTS TO THE ECONOMY.

Notwithstanding any other provision of law, the Administrator may not promulgate as final an energy-related rule that is estimated to cost more than $1,000,000,000 if the Secretary determines under section 204(b)(3) that the rule will cause significant adverse effects to the economy.

SEC. 204. REPORTS AND DETERMINATIONS PRIOR TO PROMULGATING AS FINAL CERTAIN ENERGY-RELATED RULES.

(a) In General.--Before promulgating as final any energy-related rule that is estimated to cost more than $1,000,000,000, the Administrator shall carry out the requirements of subsection (b).

(b) Requirements.--

(1) Report to congress.--The Administrator shall submit to Congress and the Secretary a report containing--

(A) a copy of the rule;

(B) a concise general statement relating to the rule;

(C) an estimate of the total costs of the rule, including the direct costs and indirect costs of the rule;

(D)(i) an estimate of the total benefits of the rule and when such benefits are expected to be realized;

(ii) a description of the modeling, the calculations, the assumptions, and the limitations due to uncertainty, speculation, or lack of information associated with the estimates under this subparagraph; and

(iii) a certification that all data and documents relied upon by the Environmental Protection Agency in developing the estimates--

(I) have been preserved; and

(II) are available for review by the public on the Web site of the Environmental Protection Agency, except to the extent to which publication of the data and documents would constitute disclosure of confidential information in violation of applicable Federal law;

(E) an estimate of the increases in energy prices, including potential increases in gasoline or electricity prices for consumers, that may result from implementation or enforcement of the rule; and

(F) a detailed description of the employment effects, including potential job losses and shifts in employment, that may result from implementation or enforcement of the rule.

(2) Initial determination on increases and impacts.--The Secretary, in consultation with the Federal Energy Regulatory Commission and the Administrator of the Energy Information Administration, shall prepare an independent analysis to determine whether the rule will cause any--

(A) increase in energy prices for consumers, including low-income households, small businesses, and manufacturers;

(B) impact on fuel diversity of the electricity generation portfolio of the United States or on national, regional, or local electric reliability;

(C) adverse effect on energy supply, distribution, or use due to the economic or technical infeasibility of implementing the rule; or

(D) other adverse effect on energy supply, distribution, or use, including a shortfall in supply and increased use of foreign supplies.

(3) Subsequent determination on adverse effects to the economy.--If the Secretary determines under paragraph (2) that the rule will cause an increase, impact, or effect described in that paragraph, the Secretary, in consultation with the Administrator, the Secretary of Commerce, the Secretary of Labor, and the Administrator of the Small Business Administration, shall--

(A) determine whether the rule will cause significant adverse effects to the economy, taking into consideration--

(i) the costs and benefits of the rule and limitations in calculating the costs and benefits due to uncertainty, speculation, or lack of information; and

(ii) the positive and negative impacts of the rule on economic indicators, including those related to gross domestic product, unemployment, wages, consumer prices, and business and manufacturing activity; and

(B) publish the results of the determination made under subparagraph (A) in the Federal Register.

SEC. 205. PROHIBITION ON USE OF SOCIAL COST OF CARBON IN ANALYSIS.

(a) Definition of Social Cost of Carbon.--In this section, the term “social cost of carbon” means--

(1) the social cost of carbon as described in the technical support document entitled “Technical Support Document: Technical Update of the Social Cost of Carbon for Regulatory Impact Analysis Under Executive Order 12866”, published by the Interagency Working Group on Social Cost of Carbon, United States Government, in May 2013 (or any successor or substantially related document); or

(2) any other estimate of the monetized damages associated with an incremental increase in carbon dioxide emissions in a given year.

(b) Prohibition on Use of Social Cost of Carbon in Analysis.--Notwithstanding any other provision of law or any Executive order, the Administrator may not use the social cost of carbon to incorporate social benefits of reducing carbon dioxide emissions, or for any other reason, in any cost-benefit analysis relating to an energy-related rule that is estimated to cost more than $1,000,000,000 unless a Federal law is enacted authorizing the use.

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Senate amendment submitted

January 21, 2015

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Senate amendment submitted

January 21, 2015

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Senate amendment submitted

January 21, 2015