Biden Administration Launches Historic Methane Fee for Oil, Gas Drillers

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Biden Administration Launches Historic Methane Fee for Oil, Gas Drillers

The Biden administration is finalizing a new rule that will require oil and natural gas companies to pay a federal fee if they exceed certain levels of methane emissions.

The move, which the Environmental Protection Agency (EPA) will announce on Tuesday at the COP29 international climate conference in Azerbaijan, is aimed at reducing one of the most potent greenhouse gases. Read full article HERE

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