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Oil companies see ‘net positive’ in climate bill …
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(And why #BigOil baron @Sen_JoeManchin signed off for $)
#Climate #ClimateCrisis #ClimateBreakdown #ClimateEmergency #ClimateStrike #ClimateBrawl #Manchin #InflationReductionAct
Oil companies see ‘net positive’ in climate bill …
-
(And why #BigOil baron @Sen_JoeManchin signed off for $)
#Climate #ClimateCrisis #ClimateBreakdown #ClimateEmergency #ClimateStrike #ClimateBrawl #Manchin #InflationReductionAct
2/
At Manchin’s urging, though, it would require the government to offer oil & gas leases on federal land and in the Gulf of Mexico, albeit at a higher royalty rate. It also provides tax incentives for projects that capture carbon dioxide and new forms of energy like hydrogen.”
At Manchin’s urging, though, it would require the government to offer oil & gas leases on federal land and in the Gulf of Mexico, albeit at a higher royalty rate. It also provides tax incentives for projects that capture carbon dioxide and new forms of energy like hydrogen.”
3/
- @AP The bill would impose a new fee on excess methane emissions from oil and gas drilling while giving fossil fuel companies access to more leases on federal lands and waters.” apnews.com/article/4d5d40…
- @AP The bill would impose a new fee on excess methane emissions from oil and gas drilling while giving fossil fuel companies access to more leases on federal lands and waters.” apnews.com/article/4d5d40…
4/
The bill also gives tax credits for nuclear power and carbon capture technology that oil companies such as Exxon Mobil have invested millions of dollars to advance.”- @AP
The bill also gives tax credits for nuclear power and carbon capture technology that oil companies such as Exxon Mobil have invested millions of dollars to advance.”- @AP
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Ended up 1 of 6. Whatever
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