Busy week ahead for congress with hearings on EPA CO2 rule, DOE budget

Various House and Senate committees that oversee energy issues will have a busy week with significant hearings planned on both the Department of Energy (DOE) budget proposal as well as carbon dioxide (CO2) rules proposed by the Environmental Protection Agency (EPA).

On Wednesday, Feb. 11, at 9:30 a.m., the Senate Environment and Public Works (EPW) Committee will hold its first oversight hearing under Republican control to examine EPA’s proposed CO2 rules from new, modified, and existing power plants.

The purpose of the hearing is to examine the proposed rules, their impacts and obtain a general status update from the agency. The sole witness during the hearing will be EPA air and radiation assistant administrator nominee Janet McCabe.

Also Wednesday at 2 p.m., the House Energy & Commerce Committee’s energy panel will host Energy Secretary Ernest Moniz for a hearing on the proposed FY 2016 DOE budget.

On Thursday at 9:30 a.m., the Senate Energy and Natural Resources Committee will hold a hearing on the DOE’s budget request for fiscal year 2016.  Energy Secretary Moniz will again testify.

On Feb. 2, President Obama proposed a budget of $29.9bn for DOE for FY 2016 (Oct. 1, 2015 to Sept. 30, 2016). The budget requests a 9.2% increase, or $2.52bn, above the FY 2015 enacted level.

On Thursday, Feb. 12, at 9:30 a.m., the Senate Energy and Natural Resources Committee will hold a hearing on the DOE budget request. Moniz will testify again.

About Wayne Barber 4201 Articles
Wayne Barber, Chief Analyst for the GenerationHub, has been covering power generation, energy and natural resources issues at national publications for more than 20 years. Prior to joining PennWell he was editor of Generation Markets Week at SNL Financial for nine years. He has also worked as a business journalist at both McGraw-Hill and Financial Times Energy. Wayne also worked as a newspaper reporter for several years. During his career has visited nuclear reactors and coal mines as well as coal and natural gas power plants. Wayne can be reached at wayneb@pennwell.com.