A bill to require the Secretary of the Treasury to levy a fee on methane emissions from oil and natural gas facilities, and for other purposes.
Methane Emissions Reduction Act of 2021
This bill requires the Department of the Treasury to estimate annual methane emissions from each oil and natural gas producing basin and levy a fee for such emissions on each company that produces, gathers, processes, or transmits oil or natural gas. The fees must be used to provide grants through the National Coastal Resilience Fund of the National Fish and Wildlife Foundation.
Referred to the Subcommittee on Energy and Mineral Resources.
Introduced in Senate
Read twice and referred to the Committee on Environment and Public Works.
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