1. Wyoming Energy Strategy Draft for discussion purposes 11-09-2012 Office of Governor Matt Mead Shawn Reese, Policy Director 307-777-8218 1 Draft

2. Wyoming will achieve excellence in energy development, production, and stewardship of its natural resources for the highest benefit of its citizens.Vision Office of Governor Matt Mead, Shawn Reese, Policy Director 307-777-8218 2 Draft

3. Guiding Principles Achieving Excellence Lead in Energy Development, Production, Generation and Export Innovate in Adding Value to Resources Be the Standard Bearers in Responsible Development Office of Governor Matt Mead, Shawn Reese, Policy Director 307-777-8218 3 Highest Benefit Maintain and Grow Energy Market Share, Good Jobs and a Strong Economy Create Affordable, Abundant, Reliable Power and Fuel Production Conserve Natural Resources and Heritage Draft

4. Office of Governor Matt Mead, Shawn Reese, Policy Director 307-777-8218 4 Economic Competitiveness, Expansion and Diversification Efficient, Effective Regulation Natural Resource Conservation, Reclamation, and Mitigation Education, Innovation, and New Technologies Vision Strategic Themes Guiding Principles Draft

5. Economic Competitiveness, Expansion and Diversification Maintain and Expand Production InfrastructureNew Industries Strategic Theme 1: Economic Competitiveness, Expansion and Diversification Industry competitiveness, expansion and diversification are fundamental to maintain and expand Wyoming’s economy. Wyoming will have a consistent, stable approach to managing its resources. Wyoming will always seek to maintain and expand its economic base. Wyoming will promote, add value to, and find new markets for its resources Wyoming will prepare for opportunities and markets through its planning, siting and investment in infrastructure. Wyoming will work to attract and grow new industries that are complementary to energy sectors who can leverage Wyoming’s population, low-cost of doing business, and natural resources. Office of Governor Matt Mead, Shawn Reese, Policy Director 307-777-8218 5 Draft

6. Efficient, Effective Regulation PrimacyStreamlining Timely and Defensible Decision Making and Enforcement Stable and Consistent Taxation Conflict Resolution Strategic Theme 2: Efficient, Effective Regulation Wyoming will align state agency operations, establish streamlined processes and coordinated efforts. A strong, balanced regulatory structure and taxation policy creates certainty of expectations, efficiency in process and equality in application. Wyoming will reach decisions based on credible scientific data in a predictable and timely manner. Regulations will be enforced. Wyoming will develop solutions to lessen and resolve conflicts, reduce litigation, and foster understanding and cooperation. The state of Wyoming will be the primary regulator of energy and environment in the state. State and local plans will be given deference by the federal agencies. Office of Governor Matt Mead, Shawn Reese, Policy Director 307-777-8218 6 Wyoming will maintain its beneficial tax structure, with just, equitable, and balanced taxation within. Draft

7. Natural Resource Conservation, Reclamation and Mitigation ConservationReclamationMitigationBonding Strategic Theme 3: Natural Resource Conservation, Reclamation and Mitigation Long-term natural resource conservation through science, planning, selection and implementation of the right practices in the right place at the right time. Wyoming will make it a priority that developed land be returned to an equal or more productive ecological state with a positive transitional trend. Wyoming will achieve excellence in mitigation practices and create innovative approaches for both on-site and off-site mitigation. Wyoming will have a consistent, effective approach to bonding for the financial assurance of reclamation.. Office of Governor Matt Mead, Shawn Reese, Policy Director 307-777-8218 7 Wyoming will manage, utilize, protect and preserve natural resources in a balanced manner. Draft

8. Education, Innovation and New Technologies Energy Education Workforce Development and Workplace Safety Energy EfficiencyScalable EnergyApplied Research Strategic Theme 4: Education, Innovation and New Technologies Creating the energy economy of tomorrow by investing in the development of ideas, initiatives and individuals in the marketplace today. Wyoming will educate students, teachers and the public about the importance of energy development, conservation and the related science, technology and engineering opportunities. Wyoming’s workforce will be prepared for industry needs and educated for personal and environmental safety. Wyoming will promote efficiency to manage costs and conserve resources. Wyoming will research, innovate and foster a clear regulatory path for energy generation and conversion built at small scales. Wyoming will lead in developing cutting edge research and commercialization. Office of Governor Matt Mead, Shawn Reese, Policy Director 307-777-8218 8 Draft

9. Office of Governor Matt Mead, Shawn Reese, Policy Director 307-777-8218 9 Vision Strategic Themes Guiding Principles Objectives Initiatives Draft