Bill > HR3015

This bill, titled the EPA Regulatory Domestic Benefit Act of 2014, mandates that the Administrator of the Environmental Protection Agency (EPA) must prioritize and separately report the domestic benefits of any rule concerning carbon dioxide emissions from electric utility generating units, which are facilities that produce electricity. Specifically, before issuing or enforcing such a rule, the EPA must include an analysis and estimate of the domestic benefits resulting from projected carbon dioxide emission reductions, keeping this information distinct from any global benefits. The bill also requires that the primary consideration for these rules be their domestic benefits, not global ones, and that the estimated difference between the monetized benefits and costs of the rule be based on domestic benefits and costs. Furthermore, this act nullifies three specific proposed EPA rules related to greenhouse gas emissions from electric utility generating units published in 2014. The bill defines "existing source," "new source," "modified source," and "reconstructed source" by referencing their meanings within the Clean Air Act, a major piece of U.S. environmental legislation.