The day after Christmas, President Biden's Energy Department finalized new climate regulations that would functionally ban almost all natural gas powered water heaters. Now why would he do something like that? An analysis from the American Gas Association estimates that 40% of customers will be directly impacted by a rule with a net cost increase. since they'll be required to buy a new gas heater. New electric water heater. Excuse me. (07:46–07:57)
CLAIM
Asserts that 40% of customers will face a net cost increase due to the new rule on water heaters.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
