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Trump’s “trickle down regulatory relief” for American businesses

Trump’s “trickle down regulatory relief” for American businesses

The President’s halt on new regulations is beginning to pay dividends.

Savvy Legal Insurrection readers may have already noticed the historic stock market levels that ensued after President Trump’s address to the Congress.

However, I think that only part of this optimism stem’s from Trump’s well received speech. I suspect another aspect to this optimism is that businesses are beginning to enjoy the regulatory relief from new rules that is the direct result of the President’s very busy pen.

Shortly after the inauguration, President Trump signed an executive order that mandated agencies cut 2 existing rules for every new one they create. As regulations are difficult to kill, and there hasn’t been time to trim any, recent essentially are quite dead-in-the-water.

As an example, per Department of Transportation mandates, many of my clients were planning to purchase new lithium battery labels and ensure employees had specific, technical training related to the shipment of these items. These rules no longer apply.

Currently, the DOT will allow firms to use either the older regulations or the new guidelines. However, the burden of new labels and providing the specified training has been removed from thousands of businesses across the country.

As I have noted previously, the Environmental Protection Agency is reworking its policies so that the life-essential gas known as carbon dioxide is no longer treated as a pollutant. However, that isn’t the only “green house gas” that was being targeted for action by the climate alarmists in the organization.

The EPA planned to force the fossil fuel industry to collect information on methane (a carbon-based gas found in cow farts). Likely, this would have ultimately led to even more business-crushing rules.

The operative word in that sentence…was.

The Environmental Protection Agency (EPA) is withdrawing its request that oil and gas drillers provide regulators with information about methane emissions.

Under former President Obama, officials had asked drillers to give the EPA data about methane emissions and equipment at existing oil and gas wells. The request was the first step in an agency push to issue a rule cracking down on methane emissions, which have a potent impact on climate change.

…Officials from 11 states on Wednesday asked the EPA to suspend its information collection request, saying a methane rule would be costly and “unlawful.”

Now, the millions of dollars that would have been spent on this climate alarmist insanity can now be spent on hiring new employees, the discovery of new fossil fuel sources, and the improvement of technologies to make obtaining natural gas safer and cheaper.

Additionally, the cost savings will now trickle down to the consumer.

Trump’s trickle down regulatory relief is beginning to pay dividends.

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Comments

Wonder if trickle down sanity will ever reach Democrats ?

This is great news and I hope it filters down to the shipping of “torque-seal”, a colored lacquer paste that aircraft mechanics dab on nuts and bolts to indicate that they have been properly torqued and haven’t come loose. Right now, a tiny little 1 oz. tube of the stuff has to be shipped as “hazardous” at great expense. It’s absurd.

Close The Fed | March 3, 2017 at 8:42 pm

This is stupendous. America has been tied down like Gulliver by the lilliputians.

Leslie Eastman: As an example, per Department of Transportation mandates, many of my clients were planning to purchase new lithium battery labels and ensure employees had specific, technical training related to the shipment of these items. These rules no longer apply.

Right. Because transporting lithium batteries on planes doesn’t require special handling. What could go wrong?

Leslie Eastman: As I have noted previously, the Environmental Protection Agency is reworking its policies so that the life-essential gas known as carbon dioxide is no longer treated as a pollutant.

The problem of global warming doesn’t go away because the United States refuses to acknowledge the problem.

    Walker Evans in reply to Zachriel. | March 5, 2017 at 12:37 am

    Global warming, one component of climate change, has not shown any significant increase over the last decade; it has “plateaued”. As to climate change itself … it’s real, of course. It’s also a natural process that has been going on since this rock first congealed into a planetary ball! There is no reason to suppose that we (humans) are any more to blame for the current warming trend than we were for the Medieval Warm Period, or the cooling period known as the Little Ice Age.

    A little research will show all the above is correct; it will also show that this natural cycle is not a problem that the United States needs to acknowledge.

Leslie I don’t want to pry, but is Zachriel a former husband that you have taken to the cleaners? LOL!

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