The US government will charge oil and gas companies a fee for excess #methane emissions.
The fee would start at $900 per ton of methane in 2024 and increase to $1,500 per ton in 2026.
Unlike carbon dioxide, which stays in the atmosphere for centuries, methane only lasts for about a decade. According to a UN report, reducing methane emissions by 45% by 2030 could avoid nearly 0.3°C of global warming by the 2040s.
Add comment