Climate Politics
Senate Repeals Methane Leak Fee in Boon to Oil and Gas Industry
Repeal would be a boon to oil and gas producers but abandons an incentive to control releases of a potent greenhouse gas.
Photographer: Luke Sharrett/BloombergThis article is for subscribers only.
The Senate voted Thursday to repeal a new US fee on climate-warming methane emissions from oil and gas producers, sending the measure to the White House for President Donald Trump’s signature.
The repeal, which would be a boon to oil and gas producers but abandons an incentive to control releases of a potent greenhouse gas, comes as congressional Republicans begin to deploy a powerful legislative tool to roll back regulations adopted late in the Biden administration.