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.

The Inflation Reduction Act, the 2021 U.S. climate law abbreviated IRA, primarily reduces emissions through financial incentives, rather than binding rules. But in addition to all its well-known carrots, lawmakers quietly included a smaller number of sticks — particularly when it comes to the potent greenhouse gas methane, which has proven to be a pesky source of increasing climate pollution with...

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This post was originally published on Latest – Truthout.


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Naveena Sadasivam | radiofree.asia (2024-05-09T23:15:47+00:00) » Oil and Gas Industry Could See Methane Pollution Fees Exceeding $1 Billion. Retrieved from https://radiofree.asia/2024/02/23/oil-and-gas-industry-could-see-methane-pollution-fees-exceeding-1-billion/.
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" » Oil and Gas Industry Could See Methane Pollution Fees Exceeding $1 Billion." Naveena Sadasivam | radiofree.asia - Friday February 23, 2024, https://radiofree.asia/2024/02/23/oil-and-gas-industry-could-see-methane-pollution-fees-exceeding-1-billion/
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Naveena Sadasivam | radiofree.asia - » Oil and Gas Industry Could See Methane Pollution Fees Exceeding $1 Billion. [Internet]. [Accessed 2024-05-09T23:15:47+00:00]. Available from: https://radiofree.asia/2024/02/23/oil-and-gas-industry-could-see-methane-pollution-fees-exceeding-1-billion/
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" » Oil and Gas Industry Could See Methane Pollution Fees Exceeding $1 Billion." Naveena Sadasivam | radiofree.asia [Online]. Available: https://radiofree.asia/2024/02/23/oil-and-gas-industry-could-see-methane-pollution-fees-exceeding-1-billion/. [Accessed: 2024-05-09T23:15:47+00:00]
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» Oil and Gas Industry Could See Methane Pollution Fees Exceeding $1 Billion | Naveena Sadasivam | radiofree.asia | https://radiofree.asia/2024/02/23/oil-and-gas-industry-could-see-methane-pollution-fees-exceeding-1-billion/ | 2024-05-09T23:15:47+00:00
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