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ElwoodBlues 01/20/2021 – Ending Trump's Energy Independence Initiatives: Biden wasted no time living up to his promise,
issuing a Day 1 Climate Change Executive Order (EO) requiring agencies to review and revoke Trump's pro-American
energy rules and actions throughout the executive branch.
• 01/20/2021 – Burdensome Emissions Regulations: Biden’s EO required agencies to take action to increase
burdensome emissions regulations as part of the Left’s green agenda and subsidize "good union jobs."
• 01/20/2021 – Monument Designations: Biden continued setting the tone on Day 1 by cordoning off large swaths of
federal land under the guise of National Monument designations, reducing the ability to produce American energy
domestically.
• 01/20/2021 – ANWR: Biden continued restricting domestic production by issuing a moratorium on all oil and natural
gas leasing activities in the Arctic National Wildlife Refuge.
• 01/20/2021 – Social Costs of Carbon: Biden restored and expanded the use of the social costs of carbon metric to
artificially increase the regulatory costs of energy production, as well as artificially increasing the so-called "benefits" of
decreasing production.
• 01/20/2021 – Keystone XL Pipeline: Biden’s EO went on to revoke the Keystone XL Pipeline, shutting off an efficient
source of energy transportation which would have brought more oil into the country.
• 01/20/2021 – WOTUS: Biden continued to revoke Trump administration executive orders, including those related to
WOTUS and the Antiquities Act. The Trump-era actions decreased regulations on Federal land and expanded the ability
to produce energy domestically.
Jan 25,
2021 $2.392
• 01/27/2021 – Climate Financing: A week later, Biden was back at it again. This Biden EO attacked the energy industry
by promoting “ending international financing of carbon-intensive fossil fuel-based energy while simultaneously
advancing sustainable development and a green recovery." In other words, the US government would leverage its power
to attack oil and gas producers while subsidizing favored industries.
• 01/27/2021 – Green the Fleet: This Biden action called on federal agencies to facilitate carbon neutrality by 2025,
with a particular focus on pushing electric vehicles for Federal, State, and local governments.
• 01/27/2021 – Wind Production: The Biden administration continued to push for inefficient fuel sources by setting a
goal to double wind production on Federal lands by 2025.
• 01/27/2021 – Gas Lease Moratorium: The EO announced a moratorium on new oil and gas leases on public lands or
in offshore waters and reconsideration of Federal oil and gas permitting and leasing practices. In other words, Biden
provided he is following through on his promise to "end" fossil fuels.
• 01/27/2021 – Fossil Fuel “Subsidies”: Biden's EO directed agencies to eliminate Federal fossil fuel subsidies
wherever possible without comparable actions for other energy sources, disadvantaging oil and gas.
01/27/2021 – Environmental Justice: Biden's EO pushed for an increase in enforcement of "environmental justice"
violations and support for such efforts, which typically are advanced by radical environmental organizations.
Feb 01,
2021 $2.409
• 02/02/2021 – EPA Hires Radical: The EPA hired Marianne Engelman-Lado, a prominent environmental justice
proponent, to advance its radical Green New Deal social justice agenda at the EPA, a signal to industry that it plans to
continue its attack on American energy.
• 02/04/2021 – DOJ Takes Aim at Energy Independence: At the behest of the January 27th Climate Crisis EO, the DOJ
withdrew several Trump-era enforcement documents which provided clarity and streamlined regulations to increase
energy independence.
Feb 08,
2021 $2.461
Feb 15,
2021 $2.501
• 02/19/2021 – Paris Climate Agreement: Biden rejoins the Paris Climate Agreement, an agenda which puts American
energy at risk, props up energy production in Russia and China, while increasing the dependence of Europe on Russian
oil.
Feb 22,
2021 $2.633
• 02/23/2021 – H.R. 803: Biden Administration issued a Statement of Administration Policy in support of H.R. 803 which
curtailed energy production on over 1.5 million acres of federal lands.
Mar 01,
2021 $2.711
Mar 08,
2021 $2.771
• 03/11/2021 – American Rescue Plan Act Slush Fund: The President signed ARPA, which included numerous
provisions advancing Biden’s green priorities, such as a $50 million environmental slush fund directed towards
"environmental justice" groups , including efforts advanced by Biden's EO.
• 03/11/2021 – ARPA Anti-Fossil Fuel Grants: ARPA also included $50 million in grant funding for Clean Air Act
pollution-related activities aimed at advancing the green agenda at the expense of the fossil fuel industry.
Mar 15,
2021 $2.853
• 03/15/2021 – Climate Disclosure Rule: The SEC sought input regarding the possibility of a rule that would require
hundreds of businesses to measure and disclose greenhouse gas emissions in a standardized way for the first time,
massively increasing so-called environmental costs of compliance and, in tandem with so-called social costs of carbon,
artificially disincentivizing oil and gas production.
04/15/2021 – FERC Carbon Pricing: The Federal Energy Regulatory Commission’s policy statement outlines - and
effectively endorses - how the agency would consider market rules proposed by regional grid operators that seek to
incorporate a state-determined carbon price in organized wholesale electricity markets. This amounts to a de facto
endorsement of a carbon tax that would be paid by everyday Americans.
Apr 19,
2021 $2.855 • 04/22/2021 – U.S. International Climate Finance Plan: This plan, a result of the President’s January 27, 2021 climate
change EO, would funnel international financing toward green industries and away from oil and gas.
Apr 26,
2021 $2.872
• 04/27/2021 – S.J. Res. 14: The Biden Administration issued a Statement of Administration Policy in support of S.J. Res.
14 which rescinded a Trump-era Rule that would have cut regulations on American energy production.
• 04/28/2021 – EPA Reconsideration of California Waiver: This EPA Notice of Reconsideration, an offspring of an
earlier Biden EO, would propose to revoke a Trump-era action which revoked California’s ability to set nation-wide
standards for emissions standards.
May
03,
2021
$2.89
• 05/07/2021 – Migratory Bird Incidental Take: This proposed Fish and Wildlife Service Rule revokes a Trump
administration rule and expands the definition of "incidental take" under the Migratory Bird Treaty Act (MBTA). The rule
would impact energy production on federal lands, increasing regulatory burdens.
May
10,
2021
$2.961
• 05/12/2021 – CAFE Preemption: This Proposed Rule would reinstate California’s waiver which allowed the state to set
its own emissions standards. This, effectively, allowed climate activists in California to set the de-facto national standard
for emissions standards, making cars less affordable and indirectly increasing energy costs for all Americans.
May
17,
2021
$3.028
• 05/20/2021 – Climate Related Financial Risk: This EO would artificially increase regulatory burdens on the oil and
gas industry by increasing the "risk" the federal government undertakes in doing business with them, among other things.
May
24,
2021
$3.02
• 05/28/2021 – Biden Green Book: Biden's FY 2022 revenue proposals include nearly $150 billion in tax increases
directly levied against the oil and gas energy producers.
07/23/2021 –DOJ Climate Action Plan: DOJ's Climate Action Plan (CAP) includes an effort to "green" the fleet by
transitioning to electric vehicles and the advancement of environmental justice efforts.
Jul 26,
2021 $3.136
• 07/28/2021 – DOE Building Codes: This Department of Energy (DOE) determination increases regulatory burdens on
commercial building codes, requiring green energy codes to disincentivize natural gas and other carbon sources. DOE
readily admits they ignored efforts private industry is making on their own and utilized the questionable "social costs of
carbon" to overstate the public benefit.
Aug
02,
2021
$3.159
• 08/05/2021 – Biden “Clean Cars and Trucks” Executive Order: This executive order established a new target to make
half of all new vehicles sold in 2030 zero-emissions vehicles, including battery electric, plug-in hybrid electric, or fuel cell
electric vehicles. The Executive Order also kicked off development of more stringent long-term fuel efficiency and
emissions standards to, among other things, "advance environmental justice, and tackle the climate crisis.”
• 08/05/2021 – EPA Clean Trucks Plan: The same day, the EPA announced plans for further transportation emissions
regulations targeted at heavy-duty trucks, aiming to shift markets in favor of zero-emission vehicles.
Aug 09,
2021 $3.172
Aug 16,
2021 $3.174
Aug
23,
2021
$3.145
• 08/26/2021 – EPA Proposed Rule on Passenger Car Emissions: The Environmental Protection Agency (EPA) issued
a proposed rule to heighten federal greenhouse gas (GHG)emissions standards for passenger cars and light trucks by
setting stringent requirements for reductions through Model Year (MY) 2026. According to the NPRM, "the proposal
would incentivize" technology, i.e., Green industries, to "encourage more hybrid and electric vehicle technology."
Aug
30,
2021
$3.139
• 09/03/2021 – CAFE Standards: This proposed rule would update the Corporate Average Fuel Economy Standards for
Model Years 2024–2026 Passenger Cars and Light Trucks. The rule is a direct result of a Biden EO and would increase
fuel economy regulations on passenger cars and light vehicles. The modeling used here misleadingly attributes "fuel
savings" by multiplying fuel price with 'avoided fuel costs', meaning the rule intends to disincentivize gas by making it
more costly to afford cars and trucks.
Sep
06,
2021
$3.176 • 09/09/2021 – Sustainable Flight National Partnership: NASA and the FAA launched a partnership to reduce "fuel use
and harmful emissions" by strong-arming industry to adopt elements of their green agenda.
