Chip Roy: “The amendment I have at the desk is designed to prohibit funds for FERC, the Federal Energy Regulatory Commission, which…”

“The amendment I have at the desk is designed to prohibit funds for FERC, the Federal Energy Regulatory Commission, which subsidizes transmission to renewables. There is a certain order number, order No. 1920. The thing is, a lot of Americans don't really know what the Federal Energy Regulatory Commission is or does, but it plays a massive role in their lives. It is an agency that regulates interstate transmission of natural gas, oil, and electricity, to which President Biden has appointed a lot of commissioners to advance his climate agenda. In May, FERC approved order No. 1920 which will force everyday Americans to subsidize the cost of transmission lines so renewable energy developers can reap the benefits of billions of dollars in Federal subsidies. Just so everybody can understand what is going on, Congress, in its infinite wisdom, while we are $35 trillion in debt, while our economy was reeling in the wake of a massive economic shutdown in response to the pandemic, in Congress' infinite wisdom, it passed the so-called Inflation Reduction Act, in which we massively subsidize and fund predominantly Chinese companies and billion-dollar companies here in the United States to advance openly what our colleagues on the other side of the aisle want to advance with respect to pushing their climate agenda.…”