On the recordMarch 29, 2023
Mr. Chairman, I agree with the previous speaker. I think this draft amendment was designed to have certainty. I think it was designed to have certainty, in that no new pipelines would get put into the ground. By mitigating both upstream and downstream carbon, if anybody who understands the way economics of a pipeline work, not only are you delaying this process even further, which is what H.R. 1 is trying to constrict, but you will make it nearly impossible and not economically viable to get pipe in the ground. The Federal Energy Regulatory Commission is an energy economic regulator, not a climate regulator. This is a good amendment. It will take draft language that had no business being introduced to begin with and remove it.





