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

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. 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

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. 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

6. Pollution Prevention Oil Pollution Act (OPA) Pollution Prevention Act
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

7. 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

8. Energy Independence and Security Act of 2007
Originally named the Clean Energy Act of 2007
Increases clean renewable fuel production, research on greenhouse gas, and improves the government’s energy performance

9. 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

10. How often are the Environmental Impact Statements updated?
Every day
Every month
Every week
Every year

11. Clean Air Clean Water Oil Pollution Pollution Prevention
Which act was created to regulate recycling, sources of reduction & sustainable agriculture?
Clean Air
Clean Water
Oil Pollution
Pollution Prevention

12. The Nuclear Regulatory Commission was created to do which activity?
Ensure safety to commercial use of nuclear materials
Handle air, solid waste, toxic substances , and pesticides
Help to protect conservation issues
Screen, test, and report chemicals that pose a threat to the environment

13. 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

14. 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

15. 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

16. 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

17. National Energy Conservation Policy Act
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