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“The EPA's methane fee is an unnecessary tax on energy. Energy producers already have a clear economic incentive to reduce methane leakage, as natural gas is a valuable product.

Most major oil and gas companies do not release enough methane to trigger the fee, which is $900 per ton, an amount that would increase to $1,500 by 2026.

The U.S. Senate voted 52-47 to repeal the methane fee for oil and gas producers, undoing a key Biden-era regulation aimed at curbing methane emissions ...

The methane fee would have had the same impact as taking 8 million gas-powered cars off the road.

Most major oil and gas companies do not release enough methane to trigger the fee, which is $900 per ton, an amount that would increase to $1,500 by 2026, according to APN News.

EPA’s rule to implement a fee on methane leaks from the oil and gas industry is the first Biden action killed this year. Democrats mandated the fee in their 2022 climate law.

The IRA sets the methane tax as the product of: (1) methane emissions reported in metric tons under the EPA’s Greenhouse Gas Reporting program; and (2) a per ton amount that escalates from $900 ...

Section 136 was added to the Clean Air Act by the 2022 Inflation Reduction Act and requires that EPA collect a fee of at least $900 per metric ton of designated methane emissions starting with ...

Trump repeals America’s first-ever tax on greenhouse gases before it goes into effect The methane fee would have had the same impact as taking 8 million gas-powered cars off the road.