Rep. Ro Khanna Reintroduces End Polluter Welfare For Enhanced Oil Recovery Act
September 27, 2024
September 27, 2024
WASHINGTON, Sept. 27 -- Rep. Ro Khanna, D-California, issued the following news release on Sept. 26, 2024:
Today, Representative Ro Khanna (CA-17), reintroduced the End Polluter Welfare for Enhanced Oil Recovery Act (EOR) to end the tax break rewarding the fossil fuel industry for using carbon capture for EOR. The legislation would reform one of the largest and most egregious domestic fossil fuel subsidies, The Tax Credit for Carbon Sequestration (Section 45Q).
Fossil . . .
Today, Representative Ro Khanna (CA-17), reintroduced the End Polluter Welfare for Enhanced Oil Recovery Act (EOR) to end the tax break rewarding the fossil fuel industry for using carbon capture for EOR. The legislation would reform one of the largest and most egregious domestic fossil fuel subsidies, The Tax Credit for Carbon Sequestration (Section 45Q).
Fossil . . .