A huge social and environmental policy bill passed by House Democrats includes a plan to impose a fee on emissions of methane.
WASHINGTON -- A Democratic plan to impose a fee on methane emissions from oil and gas wells has cleared a key hurdle, but it faces strong opposition from the oil and gas industry and criticism by centrist Sen. Joe Manchin.
A spokeswoman for Manchin declined to comment after the House vote, but Democrats in the House and Senate said they are confident the fee will remain in the Senate bill, despite a 50-50 split in the chamber that gives every Democrat veto power. Republicans unanimously oppose the bill. While the Senate may make minor revisions over the next few weeks,"nothing major, in my opinion,'' will be changed or taken out, Pallone said.
Biden pledged at a U.N. climate summit in Glasgow, Scotland, earlier this month to work with the European Union and dozens of other nations to reduce global methane emissions by 30% by 2030. The oil and natural gas industry, the nation’s largest industrial source of methane emissions, supports methane regulation but opposes the congressional fee as an unnecessary tax that could drive up energy costs and result in the loss of thousands of jobs.
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