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Biden Harris Admin Race To Roll Out Methane Tax before Trump

Conrad’s Ghost

Posted 4:22 pm, 11/12/2024

Biden 1, Trump 0.

DB Cooper

Posted 1:11 pm, 11/12/2024

The Biden-Harris administration is set to finalize a tax on methane emissions from U.S. oil and gas producers Tuesday.President Joe Biden's 2022 Inflation Reduction Act (IRA) mandated a fee on methane emissions but left many of the details to be decided by the Environmental Protection Agency (EPA), according to Bloomberg.

Now, U.S. energy officials are expected to roll out a finalized version of the policy, which reportedly includes a penalty of $900 per metric ton of methane emissions above a government-mandated threshold.

The fee will rise to $1,500 per metric ton of "excess" methane in 2026 and is meant to signal the U.S.' dedication to combating climate change, according to Bloomberg.

Don't these people realize they and their policies have been soundly rejected by Americans?

https://climatechangedispat...-at-cop29/

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