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Rolling Back Trump's Methane Rules Isn't Enough: We Need A Methane Tax To Buy Time To Decarbonize

Rolling Back Trump's Methane Rules Isn't Enough: We Need A Methane Tax To Buy Time To Decarbonize
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GOP tiptoes into climate

GOP tiptoes into climate
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Building Back Better, March 30, 2021 | Brownstein Hyatt Farber Schreck

WHAT TO WATCH THIS WEEK
Administration Proposal. President Joe Biden will travel to Pittsburgh, Pennsylvania, on March 31, where he will unveil the contours of the infrastructure package.
Biden Preliminary Budget Outline. This week, the Biden administration will release a preview of its Fiscal Year 2022 budget. The figures will allow lawmakers to begin the appropriations process and give Congress information about the president’s discretionary funding priorities. The final budget request is currently expected in May.
Congress Continues Work. Although both chambers will be out of session for the next two weeks on a district work period, lawmakers will continue discussions on the contents of the infrastructure package. ....

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Senators float a price on methane to curb U.S. oil, gas emissions

3 Min Read
WASHINGTON (Reuters) - Three Democratic U.S. senators on Tuesday floated a bill that would take a new approach to curbing emissions from methane from oil and gas production - putting a price on it.
Senators Sheldon Whitehouse, Cory Booker and Brian Schatz introduced the Methane Emissions Reduction Act, which directs the Department of Treasury to assess a fee on the potent greenhouse gas beginning in 2023 - a move they say could end those emissions, help achieve climate change targets and improve air quality in communities near oil and gas facilities.
The bill also calls on Treasury to work with the Environmental Protection Agency and the National Oceanic and Atmospheric Administration to develop a program to monitor and measure methane emissions from each major oil producing basin. ....

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Proposed Bill Would Place Fee on Methane Emissions

Images of oil basins in the US via EIA Maxwell Bernstein | March 20, 2021 The Methane Emissions Reduction Act is a proposed bill that if passed, would direct the Department of Treasury to place a fee on methane emissions from oil and gas production by 2023, according to Reuters. Democratic Senators Cory Booker, Sheldon… ....

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