House Speaker Kevin McCarthy (R-CA) announced a major energy legislative package Thursday aimed at countering President Joe Biden’s energy agenda and facilitating greater domestic fossil fuel production.
A vote on the HR 1, or the Lower Energy Costs Act, is expected during the last week of March after committees moved to advance it to the floor on Thursday. The package includes bills meant to speed up the federal permitting process, boost U.S. liquefied natural gas exports, and more generally lower energy costs for people.
The House Natural Resources Committee advanced individual bills that are part of the legislative package Thursday, including the Transparency, Accountability, Permitting, and Production, or TAPP, American Resources Act, introduced by Natural Resources Committee Chairman Bruce Westerman , which would speed up federal permitting approvals for energy infrastructure and energy development on federal lands.
The bills would seek to shorten the hardrock permitting review process for critical minerals considered key to the production of electric vehicle batteries, increase fossil fuel refining capacity, repeal the Inflation Reduction Act's methane emission program for petroleum and natural gas facilities, and streamline construction and operation of cross-border energy infrastructure, such as the Keystone XL pipeline.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Zelensky invites House Speaker Kevin McCarthy to visit Ukraine | CNN PoliticsUkrainian President Volodymyr Zelensky is inviting House Speaker Kevin McCarthy to visit Ukraine to see the situation on the ground first hand -- an invitation that comes as the Republican Party faces a divide over whether the United States should continue to provide aid to the country under attack from Russia.
Read more »
House GOP prepping to launch new Jan. 6 probesHouse Republicans initiated a series of investigations into the Jan. 6, 2021, U.S. Capitol riot after House Speaker Kevin McCarthy made previously unseen video security footage from inside the Capitol public.
Read more »
McCarthy blasts Biden budget request as 'completely unserious'After POTUS revealed his new 2024 budget, SpeakerMcCarthy was quick to deem it 'completely unserious.' McCarthy has promised hard-line members of his conference that he will pursue significant spending cuts as part of any deal.
Read more »
Watchdog Group Files Complaint Over Kevin McCarthy Sharing Capitol Attack Footage With Tucker CarlsonOn Tuesday, a nonprofit government watchdog lodged a complaint with the House of Representatives about Kevin McCarthy's choice to share numerous hours of Capitol attack footage with Fox News' Tucker Carlson.
Read more »