Energy abundance is a fragile thing and it's never more than one massive spending bill away from extinction. It is not ours by way of inheritance; it must be fought for and defended constantly by each generation, for it comes only once to a people.
Colorado Politics (12/21/21) reports: "Colorado companies are leading a national revolution in energy industry emissions reduction, but politicians in Washington are failing to keep pace with the changes. The latest evidence is the new methane fee tucked within the $1.75 trillion Build Back Better plan that has passed the House and awaits Senate deliberation. The methane fee will target emissions escaping in the production of oil and natural gas or burned off in the process known as 'flaring,' taxing companies $1,500 for each ton of methane they emit in excess of a set limit. Rep. Diana DeGette, of Colorado's 1st Congressional District, approves of the fee, saying that producers, rather than energy users, will pay the bill. While producers will pay directly, in the end we’ll all be paying. The new tax on methane emissions would substantially raise the cost of producing oil and gas. That increase will be recouped through higher prices on the fuels we use for driving, heating our homes, powering our businesses, and much else. In Colorado, for example, natural gas provides almost half the electricity. A new tax on production of oil and gas will make that power more expensive for all of us."
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