US News

Democrats float new methane fee in spending bill

Published by
Reuters

WASHINGTON (Reuters) – The U.S. could charge oil and gas operators if they release methane above a limit and offer $775 million to help reduce and monitor the greenhouse gas, according to a draft of President Joe Biden’s social and climate spending plan released Thursday. The provision tucked into the 1,600 page House Build Back Better proposal replaces a previous proposal to establish a methane fee for oil and gas operators that release the gas above a certain threshold. The previous plan was opposed by Texas Democrats and West Virginia Senator Joe Manchin. Democrats initially wanted to force…

Read More

Facebook Comments

Check Also

German foreign minister defends refusal to send arms to Ukraine

Published by DPA Foreign Minister Annalena Baerbock stood ...

Archives