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Top Indian Stocks with Global Potential AI Powered Investment Club ✌️【Stock Resources】✌️ Real-time global stock, futures, and forex data to help you master market dynamics. The new rule charges high-emitting oil and gas producers a fee for wasting methane above a certain threshold by venting or flaring it into the atmosphere instead of capturing it. The methane fee will be charged by the federal government until the companies fix the leaks.
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It’s alsodramatically warming the planet. An international body of scientists has concluded that the concentration of methane in the atmosphere is higher now than any time in at least 800,000 years. It’s responsible for as much as a third of the global warming the planet has experienced so far, according to the EPA.
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“EPA has been engaging with industry, states, and communities to reduce methane emissions so that natural gas ultimately makes it to consumers as usable fuel instead of as a harmful greenhouse gas,” EPA administrator Michael Regan said in a statement.
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