Biden's First Methane Emission Tax for Oil Companies..."Trump will get rid of it".

The Biden administration has decided to charge fees for oil and gas companies that emit methane, the cause of global warming, for the first time ever, but it is expected to be discarded after Trump took office.

The U.S. Environmental Protection Agency announced final regulations regarding methane emissions fees in the wake of the United Nations Conference of the Parties to the Climate Change Convention in Baku, Azerbaijan.

It is the first time in the United States that a fee has been charged for soot emissions, starting at $900 per ton this year and increasing the fee to $1,500 next year.

However, as Trump has pledged to increase U.S. oil and gas mining and remove related regulations, observers say he will remove fees after taking office in January next year.

Trump has made clear his commitment to bolstering the easing of restrictions, putting his close ally, former Representative Lizeldin, as head of the Environmental Protection Agency.

The U.S. media also observe that methane fees are stipulated in the Inflation Reduction Act and require law allocation to be eliminated, but it is highly likely to be abolished as Congress entrusted detailed implementation regulations to the Environmental Protection Agency.