Ranking Member Markey and I have introduced legislation to establish an escalating fee on oil and gas leases, which would provide strong incentives for oil companies to either start drilling or relinquish the land.
Markey discusses legislation to encourage oil companies to utilize or give up drilling leases.
Share
More from Ed Markey
The US-Saudi nuclear deal is about megatons, not megawatts. Trump should not be sharing nuclear bomb technology with a nation that US intelligence says may want nuclear weapons. Even worse, the deal fails to meet the nonproliferation Gold…
But cutting E-Rate is not a child-safety measure. E-Rate funds broadband connectivity — not laptops, tablets, applications, or online content.
Building West-East rail is a once-in a-lifetime investment to connect Massachusetts’ communities and our regional economies like never before. It will mean lower costs, less congestion, and access to opportunity for families across the…
Our economy and global financial systems have a codependent relationship with the fossil fuel industry. We cannot wait for big banks to address the very climate crisis they are financing if we are serious about reducing greenhouse gas…
Other voices in this conversation
