Shelley Moore Capito: “I rise today in support of my friend from North Dakota, Senator Hoeven's Congressional Review Act resolution to block…”

“I rise today in support of my friend from North Dakota, Senator Hoeven's Congressional Review Act resolution to block the implementation of the Biden administration's waste emissions charge, otherwise known as the natural gas tax. Since the day this regulation was finalized last November, I pledged that I would work with President Trump and my colleagues in the Congress to repeal this misguided, anti-energy tax. Today in the Senate, that is exactly what we are working to do. We must recognize that we are in a critical moment for American energy. The North American Electric Reliability Corporation has found that over the next 10 years, due to a rise in energy consumption and the early retirement of our existing fossil fuel generation, our country could face major electric generation and reliability concerns. We must take action now to ensure that our future demand is met, that the lights remain on, our homes remain warm, and our economy keeps moving for Americans all across this country. We can do this by continuing to invest in natural gas. Over 60 percent of Americans every day heat their homes, their water, or their food with natural gas. Natural gas is responsible for over 40 percent of the electricity generation and fuels more than half of our industrial sector's process heat. While the natural gas tax fails to recognize this reality, let's look at what is true.…”