Oil and natural gas companies for the first time will have to pay a federal fee if they emit dangerous methane above certain levels under a final rule announced Tuesday by the Biden administration. The Environmental Protection Agency rule follows through on a directive from Congress included in the 2022 climate law.

Oil and natural gas companies for the first time will have to pay a federal fee if they emit dangerous methane above certain levels under a rule announced by the Biden administration

The Biden administration's new rule means oil and gas companies will pay a fee if they exceed certain levels of methane emissions.

The Environmental Protection Agency (EPA) issued a final rule Tuesday that implements a charge for oil and gas companies that release too much of the planet-warming gas methane. The fee was passed as part of 2022’s Inflation Reduction Act,

The Environmental Protection Agency has finalized a major climate rule tackling methane emissions through a controversial fee on oil and gas companies. The final rule was announced on Tuesday amid the United Nations’s annual Climate Change Conference in Baku,

EPA just finalized new fees under the 2022 climate law on oil and gas industry emissions of methane, a powerful planet-warming gas. Why it matters: Completing rules before President Biden leaves makes it tougher — though hardly impossible!