House Republicans offer energy and climate plan that would boost fossil fuels, hydropower

  • Date: 04-Jun-2022
  • Source: CNBC
  • Sector:Oil & Gas
  • Country:Gulf
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House Republicans offer energy and climate plan that would boost fossil fuels, hydropower

Republicans this week describing how they would mitigate rising gasoline prices and address climate change if the party wins control of the House of Representatives in the November midterms. The plan arises from the energy, climate and conservation task force established last year by House Minority Leader Kevin McCarthy, R-Calif., and involves proposals that run counter to the warnings of climate scientists. The strategy provides a broad overview of how the party would address high energy prices but doesn't set specific greenhouse gas emission targets. It calls for ramping up fossil fuel production and liquefied natural gas exports, as well as streamlining the permitting process for major infrastructure projects, The Washington Post, which first reported the plan. The agenda also endorses legislation to expand hydropower, one of the , and condemns policies that increase U.S. demand for critical minerals mined from China, which are necessary for electric vehicle and renewable energy production. In a document introducing the road map, House Republicans cited showing that only 3% of the more than 80,000 dams in the U.S. currently generate electricity. "If Republicans earn back the House majority in the fall, we will be ready to enact that strategy and ease the suffering