Current Events Response Paper

The Energy Policy Modernization Act: A Stakeholder Analysis United States energy policy is extremely outdated. This month the Senate considers the first update to energy policy in eight years. Progress on the bipartisan legislation has stalled, however, due to unexpected environmental crisis, competing interests, and passionate stakeholders. The existing bill has a number of goals. It also makes exporting of American natural gas easier by lowering obstacles to exports and improving oil and gas transportation.[1] Since the passage of the last major energy bill in 2007, the US has become the world’s biggest producer of oil and gas; all while the use of wind and solar power has been accelerating thanks to falling costs and government subsidies.[2] The energy grid is not developed enough to handle these changes. The energy bill will update many of these systems and create further storage for renewable energies.[3] One of these major changes would be a reclassification of hydropower and support for more hydropower projects. [4]The...
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