The Biden administration"strongly opposes" H.R. 1, or the Lower Energy Costs Act, the White House said in a statement Monday, saying that the bill would double the costs of energy efficiency upgrades for families, pad profits of oil and gas companies, and weaken emissions requirements and investments focused on curbing methane leaks, among other things.
H.R. 1 would replace"pro-consumer policies with a thinly veiled license to pollute," the White House Office of Management and Budget said in a statement.The House is expected to vote this week on H.R. 1 after it is taken up for consideration Monday afternoon by the House Rules Committee. With just a four-seat majority in the chamber, Republicans could find themselves stymied on certain considerations in the bill, and the path is much rockier in the Senate, where Majority Leader Chuck Schumer has described the bill as"dead on arrival."
Republicans have argued the bill would increase U.S. energy independence by boosting domestic production, speeding up the permitting process for energy projects and infrastructure, and boosting the production and processing of critical minerals. The 175-page bill would be the first major product to come from multiple Republican-led committees since the party gained control of the House in the November 2022 midterm elections."We want to lift barriers to expanding our energy supplies, remove red tape over exportation and importation of LNG, and build more pipelines with our North American allies and across the states," House Energy and Commerce Committee Chairwoman Cathy McMorris Rodgers said of the legislation.
This from the greatest polluter of the environment (unsustainable/deadly green tech) and the economy (unrestricted money printing). That's all, Folks! (Credit to Looney Tunes)
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