Policy Impact Analysis - 117/HR/6884

Bill Overview

Title: American Energy Independence Act of 2022

Description: This bill addresses U.S. energy independence, the production and importation of oil and natural gas, and the rescission of specified environmental requirements. Specifically, the bill directs the President to develop a plan for the United States to achieve energy independence by 2024. The Department of Energy (DOE) must also develop a program and issue rules to ensure that the United States achieves such energy independence and becomes a net exporter of energy. The bill also addresses energy pipelines, including by approving the TransCanada Keystone Pipeline in Phillips County, Montana for the import of oil from Canada to the United States. It also provides for energy production, including by requiring regulations to be issued by DOE to reduce requirements on entities harvesting energy through hydraulic fracturing, the Department of Transportation to promote stable and affordable gasoline and diesel prices, and the Department of the Interior to promote the leasing of federal land for oil and natural gas production. In addition, the Environmental Protection Agency (EPA) must identify and repeal certain regulations that substantially reduce energy independence. Further, the bill prohibits the use of any funds to implement the Paris Agreement on climate change. Finally, the bill rescinds (1) Executive Order 14008 about tackling climate change, (2) the 2021 proposed rule issued by the EPA and the U.S. Army Corps of Engineers about the scope of the Clean Water Act, and (3) the 2021 proposed rule issued by the EPA about methane gas emissions.

Sponsors: Rep. Jackson, Ronny [R-TX-13]

Target Audience

Population: People whose lives are impacted by shifts in U.S. energy policies

Estimated Size: 331000000

Reasoning

Simulated Interviews

Oil Rig Manager (Houston, Texas)

Age: 45 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 20.0 years

Commonness: 10/20

Statement of Opinion:

  • The policy could mean more jobs and stability in my field.
  • Less regulation is good for the industry but I worry about safety and environmental impact.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 7 6
Year 5 7 6
Year 10 6 5
Year 20 5 5

Environmental Scientist (Boulder, Colorado)

Age: 34 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 5/20

Statement of Opinion:

  • The rollback on environmental protections is concerning.
  • I worry about the long-term effects of less environmental oversight.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 7
Year 2 4 7
Year 3 4 7
Year 5 3 7
Year 10 3 8
Year 20 3 8

Retired Teacher (Fargo, North Dakota)

Age: 60 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 15/20

Statement of Opinion:

  • I worry that energy independence policies might raise prices.
  • It's important to have stable costs for household budgeting.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 6
Year 2 5 6
Year 3 5 6
Year 5 4 6
Year 10 4 6
Year 20 4 6

Software Developer (Seattle, Washington)

Age: 29 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 20/20

Statement of Opinion:

  • I think shifting to energy independence is logical, but not at the expense of our climate commitments.
  • The policy could exclude renewable energy incentives.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 7
Year 2 6 7
Year 3 6 7
Year 5 6 7
Year 10 6 7
Year 20 6 7

Transport Truck Driver (Cheyenne, Wyoming)

Age: 52 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 8/20

Statement of Opinion:

  • The push for energy independence could stabilize fuel prices.
  • I support it if it controls diesel costs.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 7 6
Year 5 7 6
Year 10 7 6
Year 20 6 6

Renewable Energy Advisor (Los Angeles, California)

Age: 38 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 10.0 years

Commonness: 10/20

Statement of Opinion:

  • I'm concerned that traditional energy independence could overshadow renewables.
  • The policy could limit growth in solar and wind sectors.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 8
Year 2 6 8
Year 3 5 8
Year 5 5 8
Year 10 5 9
Year 20 5 9

Student (Pittsburgh, Pennsylvania)

Age: 27 | Gender: other

Wellbeing Before Policy: 8

Duration of Impact: 15.0 years

Commonness: 12/20

Statement of Opinion:

  • Removing climate policies is a step backward.
  • It seems we're prioritizing short-term gains over long-term benefits.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 8
Year 2 6 8
Year 3 5 8
Year 5 5 8
Year 10 4 8
Year 20 4 8

Manufacturing Plant Manager (Charlotte, North Carolina)

Age: 50 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 10/20

Statement of Opinion:

  • Stable energy prices are critical for our manufacturing costs.
  • Less energy regulation could improve business operations.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 8 7
Year 5 8 7
Year 10 8 7
Year 20 7 7

Financial Analyst (New York, New York)

Age: 41 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 5.0 years

Commonness: 14/20

Statement of Opinion:

  • Policy changes create both risks and opportunities for portfolios.
  • I'm watching how changes affect fossil fuel and renewable sectors.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 8
Year 2 7 8
Year 3 7 8
Year 5 7 8
Year 10 7 8
Year 20 7 8

Retired Auto Worker (Detroit, Michigan)

Age: 62 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 8/20

Statement of Opinion:

  • I hope energy independence lowers heating costs.
  • Community resilience is linked to energy stability.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 7 6
Year 5 6 6
Year 10 6 6
Year 20 6 6

Cost Estimates

Year 1: $12000000000 (Low: $10000000000, High: $14000000000)

Year 2: $15000000000 (Low: $12000000000, High: $18000000000)

Year 3: $18000000000 (Low: $15000000000, High: $21000000000)

Year 5: $20000000000 (Low: $17000000000, High: $23000000000)

Year 10: $25000000000 (Low: $22000000000, High: $28000000000)

Year 100: $30000000000 (Low: $25000000000, High: $35000000000)

Key Considerations