3min chapter

Climate Rising cover image

Accelerating the Energy Transition: The U.S. Inflation Reduction Act

Climate Rising

CHAPTER

The Impact of the Methane Fee on Climate Policy

The methane fee stands out as the only tax or fee charged for emissions in legislation. The Congressional Budget Office projects it will raise $6.3 billion. It provides one and a half billion up front to help address methane emissions throughout the country. There's an incentive that maybe every state might not otherwise have to adopt an EPA-approval rule on methane as fast as possible.

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