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 being made final by the Biden administration.

For the first time, oil and natural gas companies will have to pay a federal fee if their toxic methane emissions rise above specific levels, according to a final rule announced Tuesday by the U.S.

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,

The Biden administration is imposing a fee on large energy companies that spew excess methane, a potent greenhouse gas. Republicans may be able to repeal it.

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 EPA on Tuesday announced a final rule to charge oil and gas companies for emissions, but opponents say it could face obstacles under the incoming GOP administration.