EPA Tweaks That Could Ripple
Everybody wants clean skies, clean water and an environment free from contaminants -- as well as safe, economic and reliable sources of energy. We could achieve both if Congress would tweak policies governing how the Environmental Protection Agency promulgates and enforces rules. Specifically, three small changes could be made that have the potential to make huge differences in how the nation produces and consumes energy. Many have already been adopted by other federal regulators.
High on the list is grandfathering -- that is, when old rules continue to apply to existing facilities, even as new rules apply to future situations. The Nuclear Regulatory Commission and the Federal Aviation Administration generally hold to this principal when they approve and certify the design of new commercial nuclear power plants and commercial aircraft. When the nation built its first 100 nuclear power plants, the NRC kept changing its rules, thereby forcing nuclear utilities to change designs as their power plants were being built. Construction costs skyrocketed and uncertainty crept into cost estimates as one new idea after another was forced upon the industry by federal regulators....345 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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