💨 Abstract

Senate Republicans have introduced a resolution to overturn the Biden administration's proposed methane emissions fee, a measure aimed at reducing greenhouse gas emissions from big oil and gas producers. The fee, mandated by the 2022 Inflation Reduction Act, is intended to incentivize a reduction in methane emissions, but is being challenged by Senate Republicans who view it as a tax.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖