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The law created the Methane Emissions Reduction Program (MERP) to tax the oil and natural gas industry based on the amount of methane emissions released by the industry.
Section 202(a)(1) of the Clean Air Act requires the Administrator of the EPA to establish standards "applicable to the emission of any air pollutant from…new motor vehicles or new motor vehicle engines, which in [her] judgment cause, or contribute to, air pollution which may reasonably be anticipated to endanger public health or welfare" (emphasis added). [3]
U.S. energy-related CO2 emissions decreased by 3% in 2023, amounting to a reduction of approximately 134 million metric tons (MMmt). This reduction primarily occurred in the electric power sector, with a significant shift from coal-fired power to more sustainable energy sources like solar and natural gas. [14]
Where President Obama's environmental agenda prioritized the reduction of carbon emissions through the use of renewable energy with the goal of conserving the environment for future generations, [1] the Trump administration policy was for the US to attain energy independence based on fossil fuel use and to rescind many environmental regulations ...
As part of H.R. 1, the House voted in a bipartisan fashion to pass H.R. 1141, the Natural Gas Tax Repeal Act, to repeal the Inflation Reduction Act's Methane Emissions Reduction Program (MERP).
Dec. 5—A new federal environmental rule aiming to reduce methane emissions produced by the oil and gas industry bears a resemblance to standards New Mexico enacted in recent years. Environmental ...
RCP 2.6 is a "very stringent" pathway. [6] According to the IPCC, RCP 2.6 requires that carbon dioxide (CO 2) emissions start declining by 2020 and go to zero by 2100.It also requires that methane emissions (CH 4) go to approximately half the CH 4 levels of 2020, and that sulphur dioxide (SO2) emissions decline to approximately 10% of those of 1980–1990.
The fee was passed as part of 2022’s Inflation Reduction Act, Democrats’ climate, tax and health care bill. However, it may not remain in the law for… EPA implements climate law’s methane ...
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