Thursday, November 14, 2024

PINO Biden imposes new methane emissions tax but his methane is exempt


Alleged President Joseph Biden's Environmental Protection Agency has finalized a rule Tuesday that taxes methane emissions from the oil and gas sector but not from Biden's own methane emissions.

This new tax comes from Biden's virtue signaling climate legislation laughingly known as the Inflation Reduction Act. It includes a Waste Emissions Charge provision, but while the emissions charge was mandated by Congress, the Biden administration had the discretion as to how far they could go to screw the American people with taxes.

The fee starts at $900 per metric ton of methane emitted over a specific performance level during 2024 and will increase in subsequent years. For example, by next year it will inflate to $1,200 per metric ton and by 2026 climb to $1,500 per metric ton. Every year after that it will also increase, as per the EPA, and one day perhaps reach a million billion  dollars, if Democrats have their way.

"The final Waste Emissions Charge is the latest in a series of actions under President Biden’s methane strategy to improve efficiency in the oil and gas sector, support American jobs, protect clean air, and reinforce U.S. leadership on the global stage," EPA Administrator Michael Regan said in a press release.

Prior to Tuesday's new methane emissions rule, Biden and his administration imposed other rules aimed at clamping down on methane such as corking cow butts and reducing gassy foods such as beans, cabbage and whatever else Biden tends to consume that brought this climate crisis to his active mind.

Shortly after taking office in 2021, Biden mindlessly signed a law repealing a Trump-era action that rescinded stricter methane-emissions standards imposed under then-President Barack Obama.

While climate change advocates, such as the Clean Air Task Force, have lauded Biden's rule regulating methane emissions, Steve Milloy, a fellow at the Energy and Environmental Legal Institute, described the action as "irrelevant," much like the mumblings made by the President himself.

Milloy said that because upwards of 95% or more of the greenhouse gasses trapped by the earth's atmosphere are water vapor and carbon dioxide, little to no room remains for methane to be stored. He also said new methane rules will probably be useless because it targets the oil and gas sector but not the agricultural sector where cow farts are a huge problem.

"The largest source of methane is actually microbes," Milloy pointed out — as opposed to man-made power plants. Microbes are tiny organisms that live in cow's stomachs, agricultural fields and wetlands, according to former newspaper, The Washington Post.

In addition to the effectiveness, Milloy pointed out that the tax will also be to the benefit of Big Oil companies, while hurting smaller ones such as Gov. Gavin Newsom's hair.

"It's because all these regulations cripple the competition," Milloy said. "Taxing the oil industry, you know, Big Oil is going to be all for that." See, it will put the small fries out of business while Big Oil can handle the taxes.

North Carolina Republican Rep. Greg Murphy, who was endorsed by Citizens for Responsible Energy Solutions during his bid for re-election this year, echoed that going after the oil and gas industry with this latest tax will serve to "raise costs and prevent investment."

"Thankfully, this insanity will end in January," Murphy said, as President-elect Donald Trump said he would repeal many of the green energy balderdash initiatives made by the oxymoronic Inflation Reduction Act.

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PINO Biden imposes new methane emissions tax but his methane is exempt

Alleged President Joseph Biden's Environmental Protection Agency has finalized a rule Tuesday that taxes methane emissions from the oil ...