US Congress repeals Biden’s methane tax for oil and gas producers

The US Senate recently voted in favour of a resolution aimed at repealing the methane emissions tax proposed by the Biden administration. This measure was part of the latest initiatives by the Environmental Protection Agency (EPA) to force oil and gas producers to reduce methane emissions, a potent greenhouse gas. The vote took place under the Congressional Review Act, a legislative process allowing Congress to overturn new federal rules with a simple majority. The Senate thus repealed the proposed progressive methane tax, which had already been approved by the House of Representatives a few days earlier.