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More Democrats urge Pelosi to keep energy 'side deal' out of funding bill

By Timothy Gardner WASHINGTON (Reuters) - A growing number of Democrats in the U.S. House oppose fellow party member Senator Joe Manchin's energy-permitting bill that speeds...
More Democrats urge Pelosi to keep energy 'side deal' out of funding bill © Reuters.
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By Timothy Gardner

WASHINGTON (Reuters) - A growing number of Democrats in the U.S. House oppose fellow party member Senator Joe Manchin's energy-permitting bill that speeds fossil fuel projects including a natural gas pipeline in his state of West Virginia.

U.S. Representative Raul Griljalva said on Monday that 77 Democrats in the House have signed a letter to Speaker of the House Nancy Pelosi opposing the measure, a side deal that clinched Manchin's support for the Inflation Reduction Act climate bill that President Joe Biden signed last month. The tally was up from 72 signatures last week.

The letter said provisions in the bill will "allow polluting manufacturing and energy development projects to be rushed through before the families who are forced to live near them

are even aware of the plans." It would also "restrict public access to the courts to seek remedies against illegal project development" and weaken the Clean Water Act, the letter said.

The Democrats urged Pelosi in the letter to keep the legislation out of a temporary funding bill to keep the government operating through mid-December or any other must-pass legislation.

The issue illustrates a divide among Democrats ahead of the Nov. 8 midterm elections in which the party hopes to keep control of Congress. The White House, Senate Leader Chuck Schumer and Pelosi have indicated support for the bill.

Senator Shelley Moore Capito, a Republican from West Virginia, introduced the bill on Monday. It would speed approval of Equitrans Midstream (NYSE:ETRN) Corp's long-delayed, $6.6 billion, West Virginia-to-Virginia natural gas Mountain Valley Pipeline within 21 days of enactment. The bill would also speed some permitting for renewable projects.

Independent Senator Bernie Sanders, who aligns with Democrats, said last week he opposes the "disastrous" side deal "that the fossil fuel industry is pushing to make it easier for them to pollute the environment and destroy the planet." In order to pass an initial vote, the government funding measure, known as a continuing resolution, must get 60 votes in the 50-50 Senate.

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01-05-2024 10:45:17 (UTC+7)

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    EUR/USD 1.0658 ↑ Sell  
    GBP/USD 1.2475 ↑ Sell  
    USD/JPY 157.91 ↑ Buy  
    AUD/USD 0.6469 Neutral  
    USD/CAD 1.3780 ↑ Buy  
    EUR/JPY 168.32 ↑ Buy  
    EUR/CHF 0.9808 Neutral  
    Gold 2,295.80 ↑ Sell  
    Silver 26.677 ↑ Sell  
    Copper 4.5305 ↑ Buy  
    Crude Oil WTI 81.14 ↑ Sell  
    Brent Oil 85.62 ↑ Sell  
    Natural Gas 1.946 ↑ Sell  
    US Coffee C 213.73 ↑ Sell  
    Euro Stoxx 50 4,920.55 ↑ Sell  
    S&P 500 5,035.69 ↑ Sell  
    DAX 17,921.95 ↑ Sell  
    FTSE 100 8,144.13 Sell  
    Hang Seng 17,763.03 ↑ Sell  
    Small Cap 2000 1,973.05 ↑ Sell  
    IBEX 35 10,854.40 Neutral  
    BASF 49.155 ↑ Sell  
    Bayer 27.35 ↑ Sell  
    Allianz 266.60 ↑ Sell  
    Adidas 226.40 ↑ Sell  
    Lufthansa 6.714 Neutral  
    Siemens AG 175.90 ↑ Sell  
    Deutsche Bank AG 15.010 Neutral  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
(8,300/ 8,500) # 1,298
SJC 1L, 10L, 1KG8,300/ 8,520
(0/ 0) # 1,510
SJC 1c, 2c, 5c7,380/ 7,550
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SJC 99,99%7,370/ 7,470
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