2021-12-13 Home Front: Politix
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Biden Methane Tax Will Add 17% to Average Bills & Will "Escalate"
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[IndependentSentinel] The House bill is progressive [regressive really] with an "escalating tax on methane emissions by oil and gas producers," according to a new op-ed in the Wall Street Journal. The tax will hit $1,500 per ton by 2025 and the fee is supposed to be a contribution to recent promises made in Glasgow to curb methane emissions.
The cost of the fee will obviously get passed along to the consumer. It will mean even higher energy prices. The Left wants to make fossil fuels so expensive that only the rich can pay for them. About 180 million Americans use natural gas to heat their homes, the report says.
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Posted by The Walking Unvaxed 2021-12-13 00:00||
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