This bill is simply a Big Oil bill that is a massive gift to fossil fuel interests. We are facing a climate crisis. In my district, 10 years ago, a little more, Hurricane Sandy decimated New York City, and it was considered to be a 100-year storm. Now, as we are trying to make our district and our city resilient, we are told that this storm may happen in another 10 or 20 years. Climate change is real, and this bill just continues to destroy our climate. Consistent with our Nation's commitment to tackling climate change, my green equity amendment would turn a planet-killing corporate giveaway into a recommitment to energy independence and a comprehensive and equitable green energy transition. Rather than increase our production, we should be investing here at home in green energy. This amendment would kill the GOP's attempted giveaway to Big Oil and instead require that in order to release oil from the SPR, the executive branch must first certify to Congress that, first, the United States is meeting the Paris climate accord's targets to reduce greenhouse gas emissions; and, second, the recommendations of the Justice40 Initiative, requiring that 40 percent of Federal investments flow to disadvantaged communities that are marginalized, underserved, and overburdened by pollution, are met.…
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