Rolling Back Trumpas Methane Rules Isnat Enough: We Need A Methane Tax To Buy Time To Decarbonize

January 10, 2022 Siddhant Goyal

Date of Publication: Jul 12, 2021

Author: By: Baker Institute

Summary:

A hefty tax on methane emissions is needed to push the US natural oil and gas industry to fix leaky pipes. Globally, America is now second only to Russia in methane emissions. Since methaneas warming potential is far worse than carbon dioxide, a minimum tax of $1,500 per ton emitted.

Link to Full Reading:

https://www.forbes.com/sites/thebakersinstitute/2021/07/12/rolling-back-trumps-methane-rules-isnt-enough-we-need-a-methane-tax-to-buy-time-to-decarbonize/