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Conceding to Manchin, U.S. climate bill exempts most oil industry from methane fees

Reuters · Valerie Volcovici · last updated

(Reuters) — The U.S. Senate climate bill’s fee on oil and gas industry methane emissions will cover less than half the sector’s releases of the powerful greenhouse gas, thanks to concessions made to win over party holdout Joe Manchin, according to a review of the legislation and interviews with lawmakers that negotiated it.

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