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Federal Energy and Environmental Regulation Agencies and Laws Business Law Objective 7.02.

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Presentation on theme: "Federal Energy and Environmental Regulation Agencies and Laws Business Law Objective 7.02."— Presentation transcript:

1 Federal Energy and Environmental Regulation Agencies and Laws Business Law Objective 7.02

2 2 Federal Energy Regulatory Commission (FERC)  Manages the wholesale price of natural gas and electricity sold for interstate commerce use.  Answers questions about increase in prices  State Utility agencies regulate prices  Manages transportation of electricity and natural gas  Ensures that regulated energy companies are following guidelines set by the law

3 3 U.S. Department of Energy  Protects National Security  Applies advanced science and nuclear technology  Protects economic security  Promotes supply and delivery of reliable, affordable, and environmentally sound energy

4 4 Energy Reorganization Act  Energy Reorganization Act created the NRC  Controls licensing, constructing, and creation of nuclear reactors  Manages possession, use, transportation, and disposal of nuclear material  Controls all nuclear activities

5 5 Environmental Protection Agency (EPA)  Responsible for environmental protection  Implements the Environmental Policy Act  Governs the environmental laws for air, water, solid waste, toxic substances, and noise pollution  Controls executive orders

6 6 National Environmental Policy Act (NEPA)  Fights Pollution and cleans the environment  Explains consequences for environmental violation  Prevents or eliminates damage to the environment  Requires federal agencies to integrate environmental values by creating Environmental Impact Statements each week that are posted every Friday on the website

7 7 Environmental Protection Agency (EPA)  Manages all federal antipollution programs  Handles air, solid waste, toxic substances, and pesticides  Sets guidelines for program  Monitors programs  Establishes grants to help eliminate pollution  Researches and sets national standards for programs  Issues permits

8 8 Nuclear Regulatory Commission (NRC)  Consists of a five member commission  One member is appointed by the President  Generates safety policies and regulations for nuclear reactors and materials and allows the Executive Director for Operations (EDO) to handle policies and decisions of the commission  Issues licenses  Handles legal matters  Directs the activities of the program  EDO ensures safety of commercial use of nuclear materials in the US  Offices handle inspections, enforcement of laws, and emergency response programs licensees

9 9 Clean Air Act  Established to protect public health and the environment  Was created by the US Environmental Protection Agency to authorize the National Ambient Air Quality Standards (NAAQS) to assist in the creations of law to protect the environment  Handles problems such as acid rain, ground-level ozone, and air toxics

10 10 Clean Water Act  Protects water quality  Does not handle ground water  Helps to reduce pollution in waterways, wastewater treatment plants, and control runoff pollution  Protects the fish, shell fish, and wildlife in water

11 11 Toxic Substance Control Act  Tracks industrial chemicals produced and imported into the US  Handled by the EPA  Screens, tests, and reports chemicals that pose a threat to the environment  EPA can prohibit the manufacture or import of chemicals thought to be hazardous

12 12 Pollution Prevention Oil Pollution Act (OPA)  Works to prevent drastic oil spills  Established a trust fund to help clean up spills  Oil facilities must submit detailed reports to the Federal government explaining how they will handle unexpected spills Pollution Prevention Act  Works to reduce pollution  Handles activities such as recycling, source reduction, and sustainable agriculture  Helps to protect conservation issues such as energy, water, and natural resources

13 13 Energy Laws Energy Tax Act (ETA)  Handles unstable energy climate  Established in 1978  Promotes energy conversion of boilers, coal, solar, and wind technology National Energy Conservation Policy Act  Works to helps decrease electricity demand  Regulates utilities for residential consumers electricity

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