Houston Chronicle (July 15)
“The $3.5 trillion budget proposed by top Democrats represents the biggest move yet by President Joe Biden to attack climate change, including provisions such as clean energy standards for power grids, fees on methane emissions from oil and gas drilling, and increased incentives for electric cars.” If enacted, the legislation, “would set in motion a historic shift from fossil fuels and deliver a blow to the oil and gas producing regions across Texas, which have powered the nation’s economy for a century.”
Tags: $3.5 trillion, Biden, Clean energy, Climate change, Democrats, Drilling, Emissions, EVs, Fees, Fossil fuels, Gas, Historic, Methane, Oil, Power grids, Shift, Texas