S&P Global (Dec. 17, 2021) – A proposal to impose a fee on methane emissions has thus far survived lawmakers’ wrangling over the Build Back Better Act, as Democrats on the US Senate Environment and Public Works Committee included it in draft text of their portion of the party’s $1.75 trillion economic and climate plan unveiled Dec. 16.

The Build Back Better Act, passed by the US House of Representatives last month, is central to President Joe Biden’s goal of cutting the nation’s greenhouse gas emissions in half by 2030 measured against 2005 levels and zeroing out economywide emissions by midcentury.

Proposed Methane Fee Remains Intact in US Senate’s Draft Reconciliation Bill