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US imposes methane fee on oil, gas producers...
Business Standard
|November 13, 2024
US President Joe Biden's administration on Tuesday finalized a methane fee for big oil and gas producers meant to slash emissions of the powerful greenhouse gas, but which is likely to be scrapped by the incoming presidency of Donald Trump.
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The methane charge is among the last actions the outgoing administration has taken to tackle the second most prevalent greenhouse gas after carbon dioxide that tends to leak into the atmosphere undetected from drill sites, gas pipelines and other oil and gas equipment.
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