WASHINGTON (AP) — President Trump signed a measure on Monday to end the Biden-enra methane fee on oil and gas producers.
The measure, approved by Republican majorities in the House and Senate, eliminates a federal fee on companies that release high levels of methane, a planet-warming “super pollutant.”
The fee, which hadn’t gone into effect, was expected to bring in more than $7 billion over the next decade and lower U.S. methane emissions, averting thousands of early deaths and tens of thousands of asthma attacks and lost school days every year.
Methane is a much stronger global warming gas than carbon dioxide, especially in the short term. Oil and gas producers are among the biggest U.S. methane emitters.