Smith Responds to President’s Plan to Impose New Energy Regulations
As Science, Space, and Technology Committee Chairman, I released the following statement in response to President Obama’s speech at Georgetown University regarding his plan to bypass Congress and move forward with major new energy regulations.
I am disappointed the President has once again signaled his intent to move forward with new rules that will make energy more expensive for hardworking American families. Just as House Republicans work to expand our nation’s energy potential, the Obama administration is doing the opposite. The President plans to use executive orders to bypass Congress and create more red tape that will increase the price of electricity and gasoline. And the President’s plan will have little or no impact on climate change.
Affordable, reliable energy is crucial to a thriving economy. And it is only through sustained economic growth that we will be able to make the investments in research and technology necessary to fully understand and properly deal with problems like climate change.