New Methane Emission Laws Could Transform U.S. Energy Sector ...Middle East

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The U.S. Environmental Protection Agency (EPA) could introduce new emissions fees for the production of methane in oil and gas projects across the country if approved. This month, the EPA proposed a new rule to encourage clean energy deployment and decarbonisation, as well as to reduce methane emissions, aimed at some of the country’s biggest emitters. Some companies in the oil and gas industry continue to emit higher levels of greenhouse gases than permitted by Congress under the Inflation Reduction Act (IRA). If approved, this rule would…

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