Trump Signs Bill Ending Biden-Era Methane Fee, Natural Gas Tax
Trump Signs Bill Ending Biden-Era Methane Fee, Natural Gas Tax

Trump Signs Bill Ending Biden-Era Methane Fee, Natural Gas Tax

News summary

President Trump has signed legislation to eliminate a methane fee on oil and gas producers, a move applauded by Republican lawmakers who argue it will bolster American energy dominance. The fee, part of the Biden administration's climate initiative, aimed to reduce methane emissions—a potent greenhouse gas—but was never implemented and was expected to generate over $7 billion in revenue. Supporters of the repeal, including Rep. August Pfluger and Sen. John Hoeven, claim the fee burdens the energy industry and consumers alike. Critics argue that repealing this fee undermines efforts to combat climate change and could lead to increased health risks associated with methane emissions. The resolution marks a significant victory for Republicans as they continue to challenge Biden's environmental policies. The broader implications of this repeal on emissions and public health remain unclear.

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