Energy & Fuel

Conceding to Manchin, Bill Exempts Most Oil Industry From Methane Fees

"The U.S. Senate climate bill’s fee on oil and gas industry methane emissions will cover less than half the sector’s releases of the powerful greenhouse gas, thanks to concessions made to win over party holdout Joe Manchin, according to a review of the legislation and interviews with lawmakers that negotiated it."

Source: Reuters, 08/10/2022

"Automakers Blitz Congress to Fix an EV Tax Credit They Can’t Use"

"Automakers including Ford Motor Co., General Motors Co. and Toyota Motor Corp. are making a last-ditch lobbying push to change Democrats’ proposed new spending bill over concern that they stand to lose out from strict new limits on electric-vehicle credits."

Source: Bloomberg, 08/03/2022

"Manchin Won a Pledge From Democrats to Finish a Contested Pipeline"

"Senator Joe Manchin III of West Virginia has secured a promise from Democratic leaders and the White House to complete a highly contested 304-mile gas pipeline in his state, his office said, a major concession won as part of negotiations over a climate and tax bill."

Source: NYTimes, 08/02/2022

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