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This bill matters because it directly challenges a significant effort by the federal government to regulate greenhouse gas emissions from the fossil fuel industry. Methane is a potent greenhouse gas, and its release from oil and gas operations contributes to climate change. The EPA's rule aimed to create a financial incentive for companies to find and fix methane leaks, thereby reducing overall emissions.
If this resolution becomes law, it would remove that financial incentive, potentially allowing methane emissions from the oil and gas sector to continue at levels higher than they would have under the EPA's rule. Voters should care because this impacts both environmental protection efforts and the regulatory burden on a major industry, which could have implications for energy costs and the speed at which the nation addresses climate change.
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This bill matters because it directly challenges a significant effort by the federal government to regulate greenhouse gas emissions from the fossil fuel industry. Methane is a potent greenhouse gas, and its release from oil and gas operations contributes to climate change. The EPA's rule aimed to create a financial incentive for companies to find and fix methane leaks, thereby reducing overall emissions.
If this resolution becomes law, it would remove that financial incentive, potentially allowing methane emissions from the oil and gas sector to continue at levels higher than they would have under the EPA's rule. Voters should care because this impacts both environmental protection efforts and the regulatory burden on a major industry, which could have implications for energy costs and the speed at which the nation addresses climate change.
On the Motion to Proceed S.J.Res. 12