Amy Andryszak, President and CEO of the Interstate Natural Gas Association of America (INGAA) issued the below statement following the release of the Inflation Reduction Act of 2022.
“The Interstate Natural Gas Association of America (INGAA) appreciates Senate Energy and Natural Resources Committee Chairman Joe Manchin’s efforts, with the Inflation Reduction Act of 2022, to craft a balanced legislative package which maintains an “all of the above” approach to energy, encouraging technological solutions with a focus on reforming permitting of infrastructure needed to ensure energy security and enable the energy evolution.
We recognize that significant legislation is going to require compromise. While we appreciate the provisions to incentivize evolving energy technologies and infrastructure, we are concerned with the additional layer of taxes on the companies building that infrastructure.
Additionally, the revised methane fee represents considerable improvements over the House of Representatives approved Build Back Better legislation, and we were pleased to see that industry’s concerns with those provisions were taken into consideration in this proposal. It will be important to consider this provision in the context of proposed regulations that the Environmental Protection Agency (EPA) has yet to finalize.
Most importantly, INGAA applauds the agreement between President Biden, Senator Manchin and the leadership of the House of Representatives and Senate that will require a permitting reform bill be part of these negotiations. Bold and meaningful permitting reform is critical to advancing domestic energy infrastructure projects, including natural gas pipelines and related infrastructure, that will lessen consumer costs and help meet our shared emissions reduction goals. We look forward to seeing the details of that legislation when introduced and would urge Congress to advance it with haste.”
INGAA represents the U.S. natural gas pipeline industry. INGAA’s members deliver clean, abundant, affordable natural gas throughout North America and operate approximately 200,000 miles of pipelines that serve as an indispensable link between natural gas producers and consumers.