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The proposal faces an uphill battle in the Republican-led Congress, which has repeatedly pushed back against the president’s climate change initiatives.
North Dakota’s state fund currently sets aside 75 percent of some oil tax revenues for the state and 25 percent for local governments.
Most registered voters oppose raising energy taxes now and believe higher taxes on oil and natural gas companies would hike costs for consumers, according to a poll unveiled Tuesday.
The Senate on Monday launched a high-profile debate on a Democratic plan to block the nation’s five biggest oil companies from taking advantage of a suite of tax breaks.
Conservation groups said they would campaign to put a North Dakota constitutional amendment on the ballot that would reserve tens of millions of dollars of state oil tax collections for water, wildlife and conservation projects.