A Democratic proposal to impose a methane fee on U.S. oil and gas producers is not likely to be included in the party's massive spending bill in Congress amid opposition within its own ranks, two sources familiar with the negotiations said on Monday.
The proposal to tax oil and gas producers for methane emissions above a certain threshold faces opposition from U.S. Senator Joe Manchin, who represents natural gas-producing West Virginia, along with Democrats from oil-producer Texas, the sources said.
Biden is hoping to finalize the framework of a broad spending package that expands the nation's social safety net and seeks to tackle climate changeThe U.S. Environmental Protection Agency is expected to announce new rules this week to reduce methane emissions. The United States recently announced a Global Methane Pledge with the European Union to cut methane emissions 30% by 2030.
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