silence7@slrpnk.netM to Climate - truthful information about climate, related activism and politics.@slrpnk.netEnglish · 9 months agoBiden’s climate law fines oil companies for methane pollution. The bill is coming due. Recent research suggests the IRA’s methane fee could batter the oil and gas industry to the tune of $1 Billion+grist.orgexternal-linkmessage-square2fedilinkarrow-up131arrow-down11cross-posted to: politics@lemmy.world
arrow-up130arrow-down1external-linkBiden’s climate law fines oil companies for methane pollution. The bill is coming due. Recent research suggests the IRA’s methane fee could batter the oil and gas industry to the tune of $1 Billion+grist.orgsilence7@slrpnk.netM to Climate - truthful information about climate, related activism and politics.@slrpnk.netEnglish · 9 months agomessage-square2fedilinkcross-posted to: politics@lemmy.world
minus-squaredoingthestuff@lemmy.worldlinkfedilinkarrow-up3arrow-down1·9 months agoIt’s just another billion regular Joes are going to pay except by the time the costs get passed down to us it’ll be five billion.
minus-squaresilence7@slrpnk.netOPMlinkfedilinkarrow-up5·9 months agoRealistically, I expect the fossil fuels industry to avoid the tax by fixing leaks and unlit flares at a cost far lower than paying the tax.
It’s just another billion regular Joes are going to pay except by the time the costs get passed down to us it’ll be five billion.
Realistically, I expect the fossil fuels industry to avoid the tax by fixing leaks and unlit flares at a cost far lower than paying the tax.