Biden's New "Regressive" Methane Tax Will Raise Average American's Gas Bill By 17%

Sunday, Dec 12, 2021 - 11:00 AM

At a time when the Biden administration is panicking in an attempt to keep energy prices down, the House has slapped a "fee" on methane that is being called a "stealth tax" on natural gas and everyone who uses it.

The House bill results in an "escalating tax on methane emissions by oil and gas producers," a new op-ed in the Wall Street Journal points out. The tax will hit $1,500 per ton by 2025 and the fee is supposed to be a contribution to recent promises made in Glasgow to curb methane emissions.

The cost of the fee will obviously get passed along to the consumer, which will then result in even higher energy prices than consumers are already struggling with. 180 million  Americans use natural gas to hear their homes, the report says.

In the meantime, the Energy Information Administration (EIA) has come out and stated that half of U.S. households that heat with natural gas will pay 30% more than winter than they did last year. This methane tax could add another 17% to an average bill, the WSJ editorial board writes.

The WSJ op-ed board calls it a "regressive tax" and says that "Department of Energy notes the average energy burden for low-income families is three times higher than for more affluent households".

The methane tax "exposes the contradiction at the heart of Democratic climate policy" and clearly violates President Biden's promise not to raise taxes on those making less than $400,000 per year, the op-ed argues.

The op-ed concludes by arguing that once the methane tax is in place, it'll be easy to raise over time. Combined with new methane regulations, it'll continue to raise costs and introduce inefficiencies for producers.

The methane tax is "targeted, punitive and can be linked to higher consumer energy bills," the op-ed concludes.

Weblink: https://www.zerohedge.com/markets/bidens-new-regressive-methane-tax...

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Comment by Willem Post on December 23, 2021 at 6:36am

“BUILD BACK BETTER” WOULD COST $4.490 TRILLION OVER THE NEXT DECADE, IF PROVISIONS WERE MADE TO LAST 10 YEARS

https://www.windtaskforce.org/profiles/blogs/build-back-better-woul...

 

Distrust in Government

 

I am not surprised at the lack of public trust in Washington, DC, and elsewhere. The games of smoke and mirrors played in Washington are off-the-charts outrageous.

 

Never, ever, has there been such a level of deceit, as Democrats have inflicted on the US People, since January 2021, after using a fraudulent election in 2020 (see Appendix), to achieve a coup d’etat, to relentlessly push for a major increase of:

 

1) The size and intrusiveness of government, and

2) Democrat command/control over the federal government and the American people.

 

Here is a most egregious example:

 

Build Back Better' Would Cost $4.490 Trillion Over the Next Decade, if Provisions Were Made to Last 10 Years

https://www.windtaskforce.org/profiles/blogs/build-back-better-woul...

 

PHASE 1; All BBB programs have carefully chosen expiration dates

 

Some BBB Bill History

 

The cost of the original BBB bill was $6.0 trillion, as crafted by left-leaning Sanders. When that proved to be a non-starter, he “whittled it down” to an alleged $3.5 trillion, which, he declared, was the “absolute minimum”. Whittled down means, he shortened the duration of some programs from 10 years to 1 year, or 2 years, etc., as explained in next sections. See table 1

 

Manchin, a moderate US Senator from West Virginia, who knows how to co-operate with moderate Republicans, had stated, he would consider a BBB bill costing about $1.5 trillion. 

https://www.breitbart.com/politics/2021/11/10/joe-manchin-dc-can-no...

 

Frustrated Sanders and White House staff further whittled down the cost of the BBB bill from $3.5 to $1.75 trillion, to placate Manchin, mainly by shortening program durations. See table 1

https://rules.house.gov/sites/democrats.rules.house.gov/files/Secti...

 

Manchin and Sanders had frequent shouting matches about:

 

1) BBB budgeting smoke-and-mirror shenanigans, such as short program durations to reduce costs

2) BBB causing a major increase in the size, bureaucrat headcount, and intrusiveness of the federal government

3) BBB worsening high inflation rates in 2022, and beyond

4) BBB worsening multi-billion US budget deficits in 2022, and beyond

5) BBB worsening the rapidly-growing US national debt

6) BBB worsening US trade competitiveness and US trade deficits

7) BBB worsening the precarious financial condition of the Social Security and Medicare Systems. See Note

 

The BBB bill is a Green New Deal cornucopia for boosting Democrat constituencies. See table 1

The BBB bill, aka “budget reconciliation bill,” has morphed into a vast expansion and increase of:

 

1) The socialistic welfare state for individuals, and

2) The decades-long bonanza for multi-millionaire subsidy-seekers in the renewable energy sector.

Comment by Willem Post on December 22, 2021 at 10:35am

The EU is facing an energy crisis, because:

1) Brussels’ RE idiots refused to sign long-term contract for gas from Russia
2) NATO and the US are stupidly trying to contain and pressure Russia.
3 There is minimal wind, minimal solar, and some nuclear plants are down with “issues”
4) Russia retaliated by merely limiting gas flow to the EU to CONTRACTED amounts, plus 5%, to ensure TOTAL compliance with SIGNED contracts.
5) Owners are diverting LNG carriers to the EU to rake in on the bonanza.
6)
US spot price $7/million Btu
EU spot price $65/million Btu

7) The 5% is sold by Gazprom on the spot market at very high prices.

EXCERPT from:

WIND AND SOLAR TO PROVIDE 30 PERCENT OF NEW ENGLAND ELECTRICITY CONSUMPTION BY 2050
https://www.windtaskforce.org/profiles/blogs/wind-and-solar-provide...

Energy systems analysts of Denmark, Ireland, Germany, the UK, the Netherlands, etc., have known for decades, if you have a significant percentage of (wind + solar) on your grid, you better have available:
 
– An adequate capacity, MW, of other power plants to counteract any variations of (W+S), 24/7/365
– High-capacity, MW, connections to nearby grids
– An adequate capacity of energy storage, such as:

1) Pumped hydro storage
2) Hydro plants with reservoir storage
3) Grid-scale battery systems

The more presence of variable (W+S) on the NE grid, the more the other generators have to vary their outputs, which causes these other generators to be less efficient (more wear and tear, more Btu/kWh, more CO2/kWh).

Owners in European countries with much wind and solar on the grids get compensated for their losses.

Those compensations are charged to the general public, not to the Owners of wind and solar systems, as part of the political (subsidy + cost shifting) regimen, to make wind and solar appear price-competitive versus fossil fuels.

RE folks often advocate:
 
1) Electricity must be 100% renewable, or zero carbon, or carbon-neutral by 2050
2) Getting rid of the remaining nuclear plants
3) Getting rid of natural gas, coal, and oil plants
4) More biomass burning
 
About This Article

This article has four parts and an Appendix

Part 1 provides an introduction to miscellaneous energy topics, and consumption of world energy quantities
Part 2 provides an introduction to existing NE grid conditions
Part 3 provides an introduction to daily NE grid load shaping, to deal with heat pumps and EVs in 2030
Part 4 provides the future NE grid conditions with 20% wind and 10% solar in 2050

The Appendix shows various energy topics, such as Turnkey Capital Costs of Grid-scale Battery Systems; Grid-scale Battery System Operating Cost in New England; Energy Losses of Battery Systems; “All-in” Electricity Cost of Wind and Solar in New England

 

Maine as Third World Country:

CMP Transmission Rate Skyrockets 19.6% Due to Wind Power

 

Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.

Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT

******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********

(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/

Not yet a member?

Sign up today and lend your voice and presence to the steadily rising tide that will soon sweep the scourge of useless and wretched turbines from our beloved Maine countryside. For many of us, our little pieces of paradise have been hard won. Did the carpetbaggers think they could simply steal them from us?

We have the facts on our side. We have the truth on our side. All we need now is YOU.

“First they ignore you, then they laugh at you, then they fight you, then you win.”

 -- Mahatma Gandhi

"It's not whether you get knocked down: it's whether you get up."
Vince Lombardi 

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Hannah Pingree on the Maine expedited wind law

Hannah Pingree - Director of Maine's Office of Innovation and the Future

"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."

https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/

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