Mr. Chair, I have an amendment at the desk, No. 16. Mr. Chair, this bill is simply a Big Oil bill that is a massive gift to fossil fuel interests. We are facing a climate crisis. In my district, 10 years ago, a little more, Hurricane Sandy…
Mr. Chair, I have an amendment at the desk, No. 16.
Mr. Chair, this bill is simply a Big Oil bill that is a massive gift to fossil fuel interests.
We are facing a climate crisis. In my district, 10 years ago, a little more, Hurricane Sandy decimated New York City, and it was considered to be a 100-year storm. Now, as we are trying to make our district and our city resilient, we are told that this storm may happen in another 10 or 20 years. Climate change is real, and this bill just continues to destroy our climate.
Consistent with our Nation's commitment to tackling climate change, my green equity amendment would turn a planet-killing corporate giveaway into a recommitment to energy independence and a comprehensive and equitable green energy transition.
Rather than increase our production, we should be investing here at home in green energy. This amendment would kill the GOP's attempted giveaway to Big Oil and instead require that in order to release oil from the SPR, the executive branch must first certify to Congress that, first, the United States is meeting the Paris climate accord's targets to reduce greenhouse gas emissions; and, second, the recommendations of the Justice40 Initiative, requiring that 40 percent of Federal investments flow to disadvantaged communities that are marginalized, underserved, and overburdened by pollution, are met.
While tapping into the Strategic Petroleum Reserve can be a critical tool to protect American families from high gas prices, we have an obligation to future generations to make dramatic and sustained progress toward an equitable and sustainable future. That is why I urge my colleagues to vote ``yes'' on this amendment.
Mr. Chair, I yield back the balance of my time.
Point of Order
Mr. Chair, I am not surprised that my colleague across the aisle thinks this is not germane because I understand that my colleagues on the other side don't believe that oil production has an impact on climate change.
The sad reality is that fossil fuel production is what is causing our climate to burn and is what is causing the climate crisis that we are facing. Whether it is in California recently, after years and years of drought that now has torrential downpours, or other extreme weather events around the country, the reason for that is greenhouse gas emissions, and that stems directly from fossil fuel production.
So, yes, this is precisely germane to what the issue is in terms of additional oil production and the----
Mr. Chair, I was getting to the point that it is very germane to meet our climate change promises, pursuant to the Paris accords, to meet the Justice40 Initiative, to make sure that economic justice is also at the forefront of our energy production. It is very germane.
Mr. Chair, I yield back the balance of my time.