Pennsylvania State Senators Doug Mastriano (R-Chambersburg) and Scott Hutchinson (R-Oil City) last week proposed a measure to lighten the tax and regulatory burden for fossil-fuel producers.
Their legislation, entitled the PA Energy Independence Act, would immediately pause income taxation for natural-gas developers, reduce state gas-extraction fees by 200 percent and end Governor Tom Wolf’s (D) moratorium on new state-land leases for fossil-fuel drilling. It would also suspend the state’s participation in the Regional Greenhouse Gas Initiative (RGGI), which would amount to a tax on carbon emissions.
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