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On 05 Jun 2023, The Gun Lobby <nowomr@protonmail.com> posted some news:u5m6c7$kcou$1@dont-email.me:

I am such a clueless fuckwit.

TOPLINE The Environmental Protection Agency announced Friday a proposal
that will issue fees to oil and gas producers on emissions that exceed specified levels, charging $900 per metric ton for “wasteful emissions” in
2024 and targeting methane emissions, which are responsible for about a
third of greenhouse gas warming today.

The Methane Emissions Reduction Program—authorized as part of the
Inflation Reduction Act—includes a waste emissions charge for oil and gas facilities that emit more than 25,000 metric tons of carbon dioxide
equivalent per year, levying a $900 per metric ton fee for wasteful
emissions against the producers in 2024.

The $900 fee will increase to $1,200 per metric ton for 2025 and $1,500
for 2026 and beyond.

The proposal brought by the EPA would introduce calculation procedures, flexibilities and exemptions related to the waste emissions charge,
according to the agency’s statement.

Facilities already complying with the Clean Air Act’s standards for oil
and gas operations would be exempt from the charge after meeting
congressional criteria, an EPA statement added, noting it expects fewer facilities to face the charge over time as they reduce emissions and
eventually become eligible for exemption.

The EPA indicated in the statement that it’s addressing gas and oil sector concerns about the fee proposal with nearly $1 billion provided by the Inflation Reduction Act that will offer support for methane monitoring and funding to help reduce emissions.

BIG NUMBER
14%. That’s the share of the world’s annual methane emissions produced by
the oil and gas industry, according to the International Energy Agency.

https://www.forbes.com/sites/antoniopequenoiv/2024/01/12/epa-proposes- fees-on-excess-methane-emissions-from-oil-and-gas-sector/?sh=7e233ae571f0

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