Fraser To Lead Senate Committee on Natural Resources
AUSTIN — State Senator Troy Fraser, R-Horseshoe Bay, was named to lead the Senate Committee on Natural Resources today.
"I look forward to assuming the responsibilities of the chairmanship and want to thank Lt. Gov. Dewhurst for the opportunity," Fraser said. "I am excited to take on this new challenge as Texas fights the federal government's attempt to control our natural resources."
The Senate Committee on Natural Resources handles the flow of legislation in a number of policy areas, including water resources, air quality, oil and gas, agriculture, and parks and wildlife. In addition, Fraser has been asked to develop a State Energy Plan based on his extensive knowledge of the oil, natural gas, alternative fuels, and electric generation and transmission industries.
"The Texas economy is the world's 11th-largest. Despite a slight slowdown in 2009, Texas' relative economic advantage should continue as the state and U.S. economies turn around and expand again in 2010," said Fraser. "However, our economic advantage will be lost if the federal government continues to try to over-regulate our businesses and our lives."
The Texas Comptroller of Public Accounts states that federal efforts to further regulate greenhouse gas emissions could negatively impact the Texas economy. The state could see 173,000 to 425,000 fewer jobs than expected in 2030 as a result of increased energy prices from the cap and trade portion of the recently proposed bill. She estimates the resulting decline in gross state product to be between $25 and $58 billion.
"Texas is facing federal interference on several fronts - air quality and oil and gas production," Fraser said. "These actions are an arrogant and unnecessary exercise of federal power that shows the federal government's lack of respect for Texas and private businesses."
As Chairman of the Senate Committee on Natural Resources, Fraser is committed to ensuring the federal government recognizes that Texas has made great strides in protecting all of our natural resources.
"I will work on slowing down the federal government's attempted takeover so that Texas can continue to successfully balance the dual interests of a strong economy and a clean environment. We have and can continue to make positive changes without over burdening our residents and businesses financially."