Trump order will block methane fees for oil and gas companies
Donald Trump, as promised, is starting to reverse all the regulations put in place by the Biden administration that handcuffed the oil and gas industry.
Trump just announced that he is removing the penalty fees for methane emissions that were placed on the oil and gas.
This is all part of Trump’s quest to once again make the United States energy independent.
Level the Playing Field
My outlook on climate change is a bit different from most.
I don’t doubt for a second that pollution is harmful to the environment, but Biden’s policies were ridiculous on this front.
Biden’s goal was to lower emissions in the United States, but then he was importing more oil and while blocking mineral mining in this country, he was making us reliant on our enemies and adversaries.
Point being, these emissions were still being produced, just not here, so the overall impact was likely a net-zero.
There is also the question about how “green” green energy really is.
For instance, can a single windmill ever offset the carbon emissions it takes to produce the steel, construct the windmill, lubricate, and winterize it? There are plenty of people that say no.
What about the minerals mined for the battery in an electric vehicle, not to mention the emissions created for the electricity to run the vehicle.
This is why there are a lot of people who believe climate change is fraudulent. Again, I don’t think the concept itself is fraudulent, but I think how green energy is being portrayed is.
To that point, Trump removed the methane fee from the gas and oil industry, with Senator Shelley Moore Capito (R-WA) announcing, “I’m honored to join President Trump and my congressional colleagues in officially rejecting the Democrats’ attempt to collect a tax on natural gas production and stand for American energy dominance.
“I will continue to work with my colleagues through the reconciliation process to stop the underlying law establishing this tax that was a part of the so-called Inflation Reduction Act.”
My take on this is that we need green energy and fossil fuels to work together. Do that, and we have a nice mix as well as the incentive for the fossil fuel industry to fine cleaner ways to produce its energy and products.
This should not be a war between these two sectors, which is why I don’t understand why both parties draw a line in the sand saying it has to be one or the other.
Here is a crazy idea… how about getting both sides to work together to produce a cleaner product while lowering the overall cost of energy be effectively integrating green energy when possible?
Sounds insane, right?