Biden’s climate law fines oil companies for methane pollution. The bill is coming due.
grist.org
Recent research suggests that the IRA’s methane fee could batter the oil and gas industry to the tune of more than $1 billion.
  • Pat_Riot
    6·
    9 months ago

    A drop in a barrel. Pathetic. No more than a fee to do business as usual.

    • silence7@slrpnk.netOP
      91·
      9 months ago

      It’s expensive enough that it’s cheaper to prevent emissions in most cases. That’s the idea.

      • underisk@lemmy.ml
        2·
        9 months ago

        I think throwing them in prison would be a far more effective, if you’re looking for deterrents. If its good enough for drug dealers and petty criminals, why wouldn’t it work for a smaller group of people who have a way more negative impact on society?

        • silence7@slrpnk.netOP
          3·
          9 months ago

          It would surely be more effective, but we didn’t have the political power to do something like that. So we got a fine.