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Latest crackdown on Oil and Gas industry at UN climate conference - New Methane Tax coming!
Posted By: RumorMail Date: Sunday, 3-Dec-2023 10:07:40
www.rumormill.news/233145
In Response To: COP28 Craziness: EU Chief Demands ‘Trillions’ for Green Agenda at U.N. Climate Summit (RumorMail)
Thomas Catenacci By Thomas Catenacci Fox News
Snip
"Under President Biden and Vice President Harris’s leadership, the U.S is turbocharging the speed and scale of climate action, at home and abroad, including our collective efforts to tackle super-pollutants like methane," added Zaidi. "Over just the last year, the Administration has taken over 100 actions to implement the U.S. Methane Emissions Reduction Action Plan — steps that cut pollution, promote public health, create thousands of jobs, and lower energy costs for Americans."
The regulations include rigorous new standards that force the energy industry to slash methane emissions, mainly by incorporating advanced technology like pollution-control equipment and aerial screening, sensor networks and satellites. It further phases in a requirement to eliminate routine flaring of natural gas, the release of gas produced during oil drilling operations that lack capture technology.
The finalized regulations introduce a so-called Super Emitter Program, which will use third parties to detect large methane releases.
"Within the next year, the EPA is planning to finalize multiple connected regulatory actions that will increase costs and reduce the production of American energy. Energy prices are projected to rise for American families because of new methane regulations, expanded emissions monitoring and reporting requirements, and a new tax on methane," House Energy and Commerce Committee Chair Cathy McMorris Rodgers, R-Wash., and Environment Subcommittee Chair Bill Johnson, R-Ohio, wrote to Regan on November 7.
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