Fossil, Renewable Energy Advocates Alike Applaud Passing of $2.3T Spending Bill – Natural Gas Intelligence

Proponents of the natural gas, oil and renewable energy sectors all found something to like about a $2.3 trillion omnibus spending and coronavirus relief package passed late Monday by the House and Senate.

The American Petroleum Institute (API) praised legislators for including several provisions from Sen. Lisa Murkowski’s (R-AK) American Energy Innovation Act, including parts of two bipartisan bills to promote carbon capture, utilization and storage (CCUS).

“We commend the bipartisan group of lawmakers who have moved this legislation one step closer to becoming law and who understand the important role of advancing innovation and technology in addressing the risk of climate change,” said API’s Stephen Comstock, vice president of corporate policy.

He added, “We urge the president to swiftly sign this bill into law, and we encourage the next Congress and incoming administration to continue to focus on bipartisan climate solutions like CCUS, which can reduce greenhouse gas (GHG) emissions from multiple industry sectors and sources and that help build on the progress the natural gas and oil industry is making in improving environmental performance.”

The spending package also greenlights the bipartisan Protecting our Infrastructure of Pipelines and Enhancing Safety Act (PIPES ACT) of 2020, an update of the PIPES Act of 2016 signed into law by President Obama.

The original legislation was championed by Sens. Deb Fischer (R-NE) and Tammy Duckworth (D-IL).

The PIPES Act is aimed at improving safety and curbing methane emissions from the U.S. pipeline network through modernization and strengthening of the Pipeline and Hazardous Materials Safety Administration (PHMSA).

The PIPES Act “has been years in the making,” said API’s Robin Rorick, vice president of midstream and industry operations, who added that the Act “takes important steps to ensure the safety of our nation’s pipeline system for communities and the environment.”

— Read on www.naturalgasintel.com/fossil-renewable-energy-advocates-alike-applaud-passing-of-2-3t-spending-bill/

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