On the recordJune 25, 2021
I just want to respond to a couple things I heard. One is this tip of the iceberg idea that we are doing something beyond methane by doing this. Of course, that is not how it works around here. The laws are specifically written around what we are doing. We are only voting on this. I can tell you that if we were doing more than this, we might get a different response from the oil and gas industry than we have seen. That is not a real argument. The other thing is that this is somehow cooked up by the Biden administration as a way to undercut oil and gas. Again, I want to go through all of the names that Ms. DeGette went through of the companies and organizations that support this regulation, but it is hard to argue that the American Petroleum Institute is anything other than American. It is also hard to argue, even with a company that is based someplace else, that they would be arguing to burden, as it is characterized, their United States operations with these regulations. There would be no incentive for them to do that, no matter where the corporate headquarters is based. The fact is that these companies see this as a way to be competitive, and it is not unprecedented. One thing we did on the committee last term that became part of the year-end spending plan was the American Innovation and Manufacturers Act, which regulated HFCs.…





