Biden EPA to charge first-ever ‘methane fee’ for drilling waste by oil and gas companies

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Washington News News

Joe Biden,Environment,Lee Zeldin

Oil and natural gas companies for the first time will have to pay a federal fee if they emit dangerous methane above certain levels under a rule being made final by the Biden administration.

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The rule targets the U.S. oil and natural gas industry for its role in global warming as Biden seeks to secure his legacy on fighting climate change., will encourage early deployment of available technologies to reduce methane emissions and other harmful air pollutants, Regan said. The fee"is the latest in a series of actions under President Biden’s methane strategy to improve efficiency in the oil and gas sector, support American jobs, protect clean air and reinforce U.S.

Like the earlier methane rule, the new fee faces a near-certain legal challenge from industry groups. The American Petroleum Institute, the oil and gas industry’s largest lobbying group, called a fee proposed earlier this year a “punitive tax increase” that"undermines America’s energy advantage.''

 

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