Author: Thérèse Boudreaux
The American natural gas industry celebrated on Monday after President Donald Trump signed the right to a resolution repealing the fee for methane emissions.
The fee for waste emissions, which, according to Republicans, is equivalent to natural gas tax, was approved by the Act on inflation reduction in 2022 and implemented by the Environmental Protection Agency in November 2024.
The resolution repeals this regulation in accordance with the Congress Review Act. CRA legislation gives Congress the right to repeal the provisions issued in the last months of the previous administration.
The chairman of the Energy and Trade Committee, Brett Guthrie, R-Ky., Called “the victory of American companies and families that would be forced to bear the costs of tax on the natural gas of the Biden-Harris.
“Time to restore American energy dominance, using innovations and producing natural gas needed to support our electrical network,” Guthrie added.
Energy experts who testified before Congress in February said high energy prices during the presidency of Joe Biden directly resulted from increased environmental regulations about energy production. They said that the regulations slowed down domestic energy production, and therefore led to an enhance in costs.
The American Exploration and Production Council (AXPC) shares the same view by praising the Republicans in Congress and Trump for repealing the waste emission fee.
“AXPC thanks President Trump for signing the provisions of the Congress Review Act – withdraw the defective EPA principle to implement natural gas tax,” said the general director of AXPC Anne Bradbury. “While American energy producers remain a laser focused on reducing methane emissions, this criminal principle risked undermining these efforts.”
The analysis carried out by the Congress Budget Office shows that “the fee for the emission of methane leads to an increase in the price of natural gas and a decrease in the amount of natural gas produced and consumed.”
However, environmental groups argued that the regulations will enhance energy costs and disturb the efforts to reduce the emissions of powerful greenhouse gas. Almost 80 ecological groups He recently sent a letter calling for legislators to keep the regulations to enter into force.
Square Center reached many environmental groups, but did not receive a response to the publication time.
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Thérèse Boudreaux is a colleague in Middle square.
