1. Short title
This Act may be cited as the “The EPA Regulatory Domestic Benefit Act of 2014”.
The EPA Regulatory Domestic Benefit Act of 2014
A BILL
To require the Administrator of the Environmental Protection Agency to primarily consider, and to separately report, the domestic benefits of any rule that addresses emissions of carbon dioxide from any existing source or new source that is an electric utility generating unit, in any such rule, and in the regulatory impact analysis for such rule, and for other purposes.
2. Rules addressing carbon dioxide emissions from electric utility generating units
Consideration of domestic benefits— The Administrator of the Environmental Protection Agency may not issue, implement, or enforce any proposed or final rule addressing emissions of carbon dioxide from any new source or existing source that is an electric utility generating unit unless the Administrator in such rule, and in the regulatory impact analysis for such rule—
includes an analysis and an estimate of any domestic benefits of such rule that are reported separately from any analysis or estimate of the global benefits of such rule;
primarily considers the domestic benefits of such rule as opposed to the global benefits of such rule; and
includes an estimate of the difference between monetized benefits and costs of such rule that is based on analyses and estimates of domestic benefits and domestic costs.
Nullification of proposed rules— The following rules of the Environmental Protection Agency shall have no force or effect and shall be treated as if such rules had never been issued:
The proposed rule entitled “Standards of Performance for Greenhouse Gas Emissions From New Stationary Sources: Electric Utility Generating Units” published at 79 Fed. Reg. 1430 (January 8, 2014).
The proposed rule entitled “Carbon Pollution Emission Guidelines for Existing Stationary Sources: Electric Utility Generating Units” published at 79 Fed. Reg. 34830 (June 18, 2014).
Definitions— In this Act:
Existing source— The term existing source has the meaning given such term in section 111(a) of the Clean Air Act (42 U.S.C. 7411(a)).
New source— The term new source has the meaning given such term in section 111(a) of the Clean Air Act (42 U.S.C. 7411(a)).