Georgia joins 19-state effort to urge Congress to oppose legislation raising natural gas and oil costs

Attorney General Carr joined a coalition of 19 states urging Congress to reject heavy legislation that would raise costs for power producers and hit U.S. consumers with even bigger price hikes as heating bills rise this winter .

The coalition’s letter, sent Thursday, called on the leaders of two US Senate committees to oppose legislation that would charge oil and natural gas producers $ 1,500 to $ 1,800 per tonne of methane emissions above certain thresholds.

Attorneys General cite data from industry experts showing that the most expensive proposal could impose a cost of $ 14.4 billion and affect up to 155,000 jobs.

“At a time when Georgians are seeing rising costs for everything from burgers to gasoline, it is absurd to impose what amounts to a new tax on consumers,” said Attorney General Chris Carr. “This legislation will simply harm Georgian families. “

The coalition notes that the competing fee proposals, one in the Senate and one in the House, come at a particularly difficult time for consumers. His letter cites analysts who predict natural gas bills could be 30% higher this winter, adding to soaring gasoline pump prices and overdue utility bills that have piled up to record levels in the past. due to the pandemic.

Instead of imposing additional fees on oil and gas producers, attorneys general ask leaders of the Senate Environment and Public Works Committee and the Energy and Natural Resources Committee to focus on solutions affordable energy.

The coalition letter argues that Senate and House proposals could inspire more emissions-oriented taxes, such as measures that would involve federal regulators extending the tax to other sectors and potentially a broader carbon tax. .

For example, the attorneys general specifically note that the Environmental Protection Agency could wrongly extend the proposed tax to farms, landfills and coal mines, which also produce methane.

The letter was addressed to the Senses. Tom Carper and Shelley Moore Capito, Chairman and Senior Member of the Committee on the Environment and Public Works, as well as Les Sens. Joe Manchin and John Barrasso, Chairman and Senior Member of the Energy and Natural Resources Commission. .

Georgia joined the West Virginia-led letter with the attorneys general of Alabama, Alaska, Arkansas, Indiana, Kansas, Kentucky, Louisiana, Mississippi, Missouri, Montana, Nebraska, North Dakota, Oklahoma, South Carolina, South Dakota, Texas and Utah.

You can read the letter here.

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