By Free Republic | Created at 2024-11-15 20:19:26 | Updated at 2024-11-23 11:53:23
1 week ago
Biden Imposes Another Energy-Related Tax Before Leaving Office
The Populist Times ^ | 15 November 2024 | Martin Tribe
Posted on 11/15/2024 12:11:56 PM PST by Sam77
President Joe Biden has imposed another environment-related tax, less than two months before leaving office. The new tax measure targeting methane emissions from the oil and gas sector was part of the Biden administration’s so-called Inflation Reduction Act.
It imposes a Waste Emissions Charge of $900 per cubic meter in 2024, which increases to $1,200 in 2025, and $1,500 for 2026 and beyond.
However, certain criteria allow the Environmental Protection Agency (EPA) to exempt facilities that comply with the Clean Air Act standards for oil and gas operations.
“The agency expects that over time, fewer facilities will face the charge as they reduce their emissions and become eligible for this regulatory compliance exemption,” the EPA stated.
(Excerpt) Read more at thepopulisttimes.com ...
TOPICS: Politics
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1 posted on 11/15/2024 12:11:56 PM PST by Sam77
To: Sam77
California’s war on motorhomes continues also. all diesels will have to comply with new rules no new gas generators. Washington state trying to ban motorhome sales this country is nutso
2 posted on 11/15/2024 12:16:09 PM PST by calljack (Sometimes your worst nightmare is just a start.)
To: Sam77
It’s time to fill the EPA with methane and light a match
3 posted on 11/15/2024 12:16:47 PM PST by butlerweave
To: butlerweave
Be sure to leave some oxygen, or you won’t get the effect you’re looking for.
4 posted on 11/15/2024 12:18:43 PM PST by NorthMountain (... the right of the people to keep and bear arms shall not be infringed)
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