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Oil and Gas Industry Could See Methane Pollution Fees Exceeding $1 Billion

A new analysis found that under the IRA, some companies may be liable for fees that could bankrupt some operators.

United statesNorth dakotaMark krissJohn sutterEdwin lamairChris kinnersleyIntergovernmental panel on climateAmerican petroleum instituteEnvironmental defense fundEnergy companySnowcap researchEnvironmental protection agencyEuropean space agencyIntergovernmental panel on climate changeInflation reduction actGeofinancial analytics

Biden s climate law fines oil companies for methane pollution, and the bill is coming due – People s World

The Inflation Reduction Act, the 2021 U.S. climate law abbreviated IRA, primarily reduces emissions through financial incentives, rather than binding rules.

United statesNorth dakotaWatford cityNaveena sadasivamEdwin lamairChris kinnersleyMark krissJohn sutterEnvironmental protection agencySnowcap researchAmerican petroleum instituteIntergovernmental panel on climateEnergy companyEuropean space agencyIntergovernmental panel on climate changeEnvironmental defense fund

Biden s climate law fines oil companies for methane pollution, and the bill is coming due – People s World

Biden s climate law fines oil companies for methane pollution, and the bill is coming due – People s World
peoplesworld.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from peoplesworld.org Daily Mail and Mail on Sunday newspapers.

United statesWatford cityNorth dakotaEdwin lamairChris kinnersleyMark krissNaveena sadasivamJohn sutterEuropean space agencyEnergy companySnowcap researchIntergovernmental panel on climateAmerican petroleum instituteIntergovernmental panel on climate changeEnvironmental defense fundEnvironmental protection agency

2021 climate law fines oil companies for methane pollution The bill is coming due

The Inflation Reduction Act, the 2021 U.S. climate law abbreviated IRA, primarily reduces emissions through financial incentives, rather than binding rules.

North dakotaUnited statesJoe raedle gettyChris kinnersleyEdwin lamairJohn sutterMark krissEnergy companyEnvironmental defense fundAmerican petroleum instituteEnvironmental protection agencyIntergovernmental panel on climateIntergovernmental panel on climate changeEuropean space agencySnowcap researchInflation reduction act

The bill for Biden s methane fee is coming due

Recent research suggests that the IRA’s methane fee could batter the oil and gas industry to the tune of more than $1 billion.

North dakotaUnited statesJoe raedle gettyMark krissChris kinnersleyEdwin lamairJohn sutterSnowcap researchEnvironmental protection agencyEuropean space agencyEnvironmental defense fundIntergovernmental panel on climate changeIntergovernmental panel on climateAmerican petroleum instituteEnergy companyInflation reduction act