House passes a fifth energy-related bill as part of a blitz against Biden climate agenda
The bill would repeal a provision in the Inflation Reduction Act that provides $27 billion to address what the EPA calls the “climate crisis," as well as a proposed tax on natural gas.
The GOP-led House on Friday passed a repeal of the Natural Gas Tax, part of a legislative blitz House Republicans have dubbed “energy week.”
Sponsored by Rep. Gary Palmer, R-Ala., H.R. 1023 would repeal Section 134 of the Clean Air Act, which provides $27 billion to address what the EPA calls the “climate crisis” through the Greenhouse Gas Reduction Fund, created by the 2022 Inflation Reduction Act (IRA). It also repeals a proposed tax on natural gas.
“In an era of global economic and security uncertainty, the punitive natural gas tax is counterproductive because it will lead to at least $6 billion in new taxes and higher energy prices for the American people,” American Exploration & Production Council CEO Anne Bradbury said in a statement.
Earlier this week, the House passed two other bills that were part of the “energy week” package, as well as two resolutions.
“Now is the time for Senators to demand a vote on this important legislation and show their support for lower energy prices,” Bradbury said.