Senate Democrats proposing raising taxes on energy

 Washington Examiner:

Senate Democrats are proposing to overhaul the energy tax code in favor of a trio of incentives based on emissions reductions in a move that environmentalists are lauding, but Republicans say would disadvantage fossil fuels.

The bill — from Senate Finance Committee Chairman Ron Wyden, an Oregon Democrat — replaces 44 energy tax breaks and incentives with three emissions-based incentives: clean power, clean fuels, and energy efficiency. The incentives wouldn’t favor a particular technology so long as it reduces carbon emissions. Technologies prompting greater reductions would receive a higher credit.

BIDEN PROPOSES TO SPEND BIG ON COMBATTING CLIMATE CHANGE

The legislation would also allow clean energy developers to claim the tax incentives as direct cash payments, a request renewable energy groups have long asked for to expand the scope of companies that can take advantage of the credits.

On Wednesday, the Senate Finance Committee approved the legislation along party lines, with an even 14-14 vote, teeing up the measure for possible inclusion in any infrastructure package.

...

This is another way Democrats can drive up the cost of transportation and heating and cooling homes.  They are true believers in "climate change" despite the failed projections over the last 50 years.  The poles are still not ice-free as predicted by the climate change crowd and New York City is still not underwater. 

I suppose the so-called fact-checkers will continue to deny Democrat responsibility for the increased cost of gas.

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