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Ending Greenhouse Gas Reduction Funds and Natural Gas Tax.

This act repeals the fund for greenhouse gas reduction and the incentive program for methane emissions from oil and natural gas systems. This means that financial resources allocated for these purposes will no longer be available, potentially impacting future environmental protection efforts and energy costs.
Key points
The fund supporting greenhouse gas reduction projects has been eliminated, which may affect the availability of funds for green investments.
The tax on methane emissions from oil and natural gas extraction has been abolished, potentially lowering costs for companies in this sector but also impacting pollution levels.
Unused money from both programs will be rescinded, meaning it will no longer be available for environmental purposes.
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51%
VOTING RESULTS
2024-03-22
For 209
Against 204
Abstain 0
Full voting results open_in_new
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Status:
Expired
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Additional Information
Print number: 118_HR_1023
Sponsor: Rep. Palmer, Gary J. [R-AL-6]
Process start date: 2023-02-14
Voting date: 2024-03-22
Meeting no: 2
Voting no: 104