Search Results: keywords:"offshore oil and gas"

  • S. 4406 — To eliminate certain subsidies for fossil-fuel production.
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    Status:Introduced in Senate
    Words:15,060

    S. 4406, titled the "End Polluter Welfare Act of 2024," seeks to eliminate various subsidies that support fossil-fuel production. The bill intends to increase royalties in certain energy sectors, remove limits on liability for oil facilities, and terminate tax benefits that...

    Simple Explanation

    The End Polluter Welfare Act of 2024 aims to stop giving extra money and help to companies that dig for oil, gas, and coal, encouraging them to focus more on clean energy instead. This means these companies might have to pay more and won’t get special tax breaks, as the government wants to protect the environment better.

  • S. 4753 — To reform leasing, permitting, and judicial review for certain energy and minerals projects, and for other purposes.
    Status:Introduced in Senate
    Words:15,686

    The Energy Permitting Reform Act of 2024 aims to streamline the process of leasing, permitting, and judicial review for energy and mineral projects in the United States. It speeds up legal reviews and modifies regulations regarding the production and export of energy,...

    Simple Explanation

    The Energy Permitting Reform Act of 2024 is about making it faster and easier to start projects that create energy, like electricity and gas, in the US. It includes rules to help decide things quickly, like building new wind farms or drilling for oil, but some people worry it might not always consider protecting nature or be fair to everyone.