Methane Import Tax: Reducing Emissions from Oil and Gas
This new law introduces a tax on imported petroleum and natural gas products to reduce methane emissions. Its goal is to protect the environment and public health, while also encouraging other countries to adopt similar measures. Citizens may experience minimal impact on fuel prices but will benefit from cleaner air.
Key points
Imposes a tax on imported petroleum and natural gas, based on methane emissions in the country of origin.
Aims to reduce global methane emissions, a potent greenhouse gas contributing to air pollution.
Potential for minimal impact on fuel prices, with benefits for public health and the environment.
Encourages other countries to implement similar mechanisms and fosters international cooperation on emissions data.
Introduced
Citizen Poll