GQP Unveils Visionary Energy Legislation: More Oil, Gas, Drilllng, Mining; More Owning Libs
Ed. - The Hill - sorry!
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The package specifically takes actions aimed at bolstering fossil fuel production, including making it easier to import and export natural gas, requiring more offshore oil and gas lease sales to be held, bar the president from halting fracking and taking power away from states to reject pipelines and gas export facilities that could impact their waterways. It also mandates that four onshore oil lease sales are held in each of at least nine eligible states each year.
The legislation seeks to repeal climate provisions in the Democrats Inflation Reduction Act, specifically programs that: incentivize the oil and gas industry to cut methane emissions through rewards and penalties, fund climate-friendly projects through the Environmental Protection Agency and raise fees that companies have to pay for drilling on public lands and waters. For mining, the legislation contains a provision that would require an assessment that includes economic impacts to be conducted before barring mining on certain federal lands.
The bill also contains provisions aimed at speeding up the approval process for infrastructure projects known as permitting reform. Specifically the legislation would set time and page limits for environmental reviews and require lawsuits against approved projects to be filed within 120 days.
Sen. Joe Manchin (D-W.Va.) has also sought to push policies that would speed up the permitting process in the Senate. Last year, many Republicans stood in the way of that effort, saying that Manchins proposal did not go far enough.
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https://thehill.com/policy/energy-environment/3900253-republicans-introduce-major-energy-package-with-partys-top-priorities/