Senate Repeals Methane Fee, Providing Relief to Oil and Gas Sector

Reported about 5 hours ago

The Senate has voted to repeal a fee imposed on methane emissions from oil and gas producers, a move expected to benefit the industry but which undermines efforts to control greenhouse gas emissions. The repeal, which follows similar measures by House Republicans, comes as part of a broader strategy to roll back regulations established during the Biden administration. Critics argue the removal of the fee could lead to higher costs for compliance with existing regulations aimed at curbing methane leaks, a potent contributor to climate change.

Source: YAHOO

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