H.R. 1506 — what changed
Transparency in Energy Production Act of 2021
From Introduced in House to Reported in House. 3 sections amended between Introduced in House and Reported in House.
Sec. 2 Disclosure Requirements
changed
Report required for an entity seeking a lease— The Secretary concerned shall require any entity seeking a lease to develop covered operations on public land or Indian land to submit to the Secretary concerned a report, at the time of submission of a bid to develop covered operations. Such report shall—
make the disclosures described in the Sustainable Accounting Standard for the Extractives and Minerals Processing Sector and the Renewable Resources and Alternative Energy Sector in effect on the date the report is filed (that is produced by the Sustainability Accounting Standards Board) for the covered operations developed by the entity and in effect at the date of such bid; and
changed
disaggregate the information in paragraph 1 (1) by State and by type of covered operation.
changed
Report required for an entity holding a lease— The Secretary concerned shall require any entity holding a lease to develop covered operations on public land or Indian land to submit to the Secretary concerned a report annually. Such report shall—
make the disclosures described in the Sustainable Accounting Standard for the Extractives and Minerals Processing Sector and the Renewable Resources and Alternative Energy Sector in effect on the date the report is filed (that is produced by the Sustainability Accounting Standards Board); and
changed
disaggregate the information in paragraph 1 (1) by State and by type of covered operation.
Failure To comply— If the Secretary concerned determines that an entity did not meet the requirements of subsection (a), the Secretary concerned—
may not issue to such entity a lease for a covered operation; and
may suspend a lease for a covered operation held by such entity.
Sec. 4 Report to Congress
Not later than 2 years after the date of the enactment of this Act and every 2 years thereafter, the Secretary concerned shall submit a report to Congress that includes—
changed
with respect to covered operations, the annual and 2-year totals of greenhouse gas emissions, air quality, water management, biodiversity impacts, production, and number of sites according to the metrics described in the Sustainable Accounting Standard for Oil and Gas Exploration and Production in effect on the date the report is filed (that is produced by the Sustainability Accounting Standards Board) for covered operations on public land or Indian land; and
changed
the changes in the information in paragraph 1;(1);
changed
the projected future changes for 5, 10, and 25 years; andyears;
changed
for renewable energy operations, an estimate of the greenhouse gas emissions that would result from production of the same amount of energy using fossil fuels and water management, including water use, biodiversity impacts, production, number of sites, and acres including associated transmission lines.lines;
added
the emission produced during the construction of solar panels and wind turbines that would be used for renewable energy operations;
added
a determination as to whether the materials or labor for the construction of solar panels and wind turbines used for renewable energy operations would be sourced from the Xinjiang Autonomous Region in China;
added
the environmental impacts of the decommissioning and disposal of renewable energy products and electronic waste, including batteries, solar panels, and products that have exceeded their life cycle;
added
with respect to lands on which covered operations occur, the annual and 2-year totals of greenhouse gas emissions, air quality, water management, and biodiversity impacts of catastrophic wildfires, the number of acres identified as being at high or very high risk of wildfire, and the number of acres in need of treatment or fuels reduction activities; and
added
an assessment of the environmental and human rights impacts in the production of renewable energy products for the lifecycle of such products, including such impacts from source materials for and the disposal of such products.
Sec. 5 Definitions
In this Act—
the term “covered operation” means—
any renewable energy operations;
any fossil fuel operation; and
changed
any operation using any right-of-way or special use permit that would cross public lands lands, Indian lands, or national forests that would facilitate fossil fuel development;
the term “fossil fuel” means oil, natural gas, natural gas liquids, coal, and any derivative of these that is used for fuel;
added
the term “Indian land” has the meaning given such term in section 2601(2) of the Energy Policy Act of 1992 (25 U.S.C. 3501(2));
renumbered
was (5)
the term “public land” means any land, interest in land, or submerged land owned by the United States;
added
the term “renewable energy” means a project carried out on public land or Indian land that uses wind, solar, geothermal, wave, current, tidal, or ocean thermal energy to generate electricity; and
removed
the term “renewable energy” means a project carried out on public land that uses wind, solar, geothermal, wave, current, tidal, or ocean thermal energy to generate electricity; and
renumbered
was (7)
the term “Secretary concerned” means—
added
the Secretary of the Interior, with respect to public lands and Indian lands; and
removed
the Secretary of the Interior, with respect to public lands; and
renumbered
was (7)(3)
the Secretary of Agriculture, with respect to National Forest System land.