Liam Denning, Columnist

Why Biden’s Methane Fee Isn’t a Gas Tax

It’s a tax on the natural-gas industry for failing to capture and sell its own product.

Money to burn.

Source: Orjan F. Ellingvag/Corbis News/Getty Images

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Charif Souki, who founded the biggest U.S. natural gas-export firm and now chairs another called Tellurian Inc., isn’t known for mincing words. And he didn’t disappoint when tackling the issue of methane emissions at a recent event hosted by the Center for Strategic and International Studies:

This is noteworthy for two reasons. First, an industry insider is calling out companies that are potential clients and suppliers. Second, he did so sitting across town from where lawmakers are weighing a punitive federal fee on methane leaks.