Biden admin issues new natural gas tax in latest fossil fuel crackdown
Fox News
The Biden administration is moving forward with new regulations introducing a tax on the fossil fuel industry's methane emissions, a proposal that could curb future production.
Thomas Catenacci is a politics writer for Fox News Digital.
"Under President Biden’s leadership, EPA is delivering on a comprehensive strategy to reduce wasteful methane emissions that endanger communities and fuel the climate crisis," EPA Administrator Michael Regan said in a statement. "Today’s proposal, when finalized, will support a complementary set of technology standards and historic resources from the Inflation Reduction Act, to incentivize industry innovation and prompt action."
"We are laser-focused on working collectively with companies, states and communities to ensure that America leads in deploying technologies and innovations that aid in the development of a clean energy economy," he continued.
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