Alaska joins 19-state effort opposing higher natural gas and oil costs
FAIRBANKS, Alaska (KTVF) - State of Alaska Attorney General, Treg Taylor, has asked Congress to reject proposed legislation that would increase fees on energy producers and potentially lead to higher heating bills for Alaska consumers this winter.
Alaska joined a 19-state coalition in a letter sent to two U.S. Senate committees opposing the proposed legislation.
Congress is considering imposing additional fees on the oil and gas industry. In the Senate, the Methane Emissions Reduction Act proposes to charge oil and gas producers $1,800 per ton of methane emissions beginning in 2023.
The attorneys general cite data from industry experts showing this proposal could impose a cost of $14.4 billion and affect as many as 155,000 jobs.
“In an uncertain economy with increased prices everywhere, this is no time to add another burden to our energy producers and consumers,” Taylor said. “With inflation at a 30-year-high, Congress should be seeking other solutions.”
Instead of imposing additional fees on oil and gas producers, the attorneys general called upon leaders for the Senate’s Committee on Environment and Public Works and Committee on Energy and Natural Resources to focus on affordable energy solutions.
Alaska joined the coalition with attorneys general from 18 other states on Thursday, October 14, 2021.
To read the letter in entirety visit https://bit.ly/3mRizqF
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