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Feds Impose First-Ever Fee on Emissions

Hidden deep within the over 700 pages of the recently passed Inflation Reduction Act (IRA) is a brand-new provision intended to give the Environmental Protection Agency (EPA) power to cut greenhouse gas (GHG) emissions.Specifically, the IRA establishes the “Methane Emission Reduction Program” under a new section in the Clean Air Act, allowing the EPA to impose a fee on certain “climate pollutions.”
Importantly, this is the first time the federal government has ever imposed a fee on any GHG emission and is part of …

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