President Biden's environmental regulations on oil and gas drilling
Republican lawmakers introduce bill to overturn President Biden's environmental regulations targeting oil and gas drilling, citing concerns about strain on the power grid and negative impact on energy prices for consumers.
Key Points
- Biden's environmental regulations target oil and gas drilling to curb methane and other air pollutants
- Regulations aim to prevent 58 million tons of methane emissions between 2024-2038
- Republican lawmakers introduce bill to overturn these regulations under the Congressional Review Act
Pros
- Prevention of 58 million tons of methane emissions between 2024 and 2038
- Use of advanced technology to reduce methane emissions
- Introduction of Super Emitter Program to detect large methane releases
Cons
- Concerns about higher energy prices for consumers
- Accusation of overly broad and burdensome regulations by Republican lawmakers