Mr. Speaker, I thank the gentleman for yielding. Mr. Speaker, I rise today to strongly oppose efforts to repeal the waste emissions charge, commonly known as the methane fee, which is a commonsense measure that benefits American industry, protects consumers, and provides much-needed regulatory certainty in the energy sector. Addressing methane emissions, especially fugitive emissions from oil and gas, is one of the most effective ways to combat the climate crisis, protect public health, and ensure America's energy sector remains globally competitive. Methane has a global warming potential 80 times higher than carbon dioxide over a 20-year period, meaning that even small leaks can erase the climate benefits of utilizing cleaner energy sources. Unfortunately, methane regulations have been caught in a cycle of constant change. The first Trump administration repealed methane regulations from the previous administration. When President Biden took office, we led efforts to reinstate these crucial protections. Then, in 2022, House Democrats passed the Inflation Reduction Act, which not only reinstated strong methane controls but also implemented a market-driven approach to reducing waste, the methane fee. The methane fee is not a blanket tax on energy production. I think the gentleman from Virginia suggested that this was a tax on small polluters. Actually, it is a tax only on larger emitters because it is only applied for 25,000 metric tons annually, so it is on the larger ones.…
On the recordFebruary 26, 2025
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