H.R. 1582 (draft bill that would stop the Environmental Protection Agency from finalizing new rules that would increase energy costs by more than $1 billion) would provide that before the Environmental Protection Agency finalizes an energy-related rule costing more than $1 billion, the agency must submit a report to Congress detailing certain cost, energy price, and job impacts, and the Secretary of Energy must make additional energy and economic determinations with respect to the rule. The Act would prohibit EPA from finalizing a rule if the Energy Secretary, in consultation with other relevant agencies, determines the rule would cause significant adverse effects to the economy.
Background: EPA currently issues hundreds of rules annually, including certain rules affecting the energy sector that are estimated by the agency to impose more than $1 billion in compliance costs. These costs will be passed on to American businesses, households and consumers.
Read on at house.gov http://energycommerce.house.gov/fact-sheet/energy-consumers-relief-act-hr-1582
