The National Federation of Independent Business (NFIB) has expressed approval for the U.S. House of Representatives' decision to pass H.J. Res. 35, a resolution aimed at repealing the Environmental Protection Agency’s (EPA) rule on methane fees. This rule mandates a fee on oil and natural gas production, processing, transmission, and storage facilities that exceed a certain threshold of methane emissions.
Adam Temple, NFIB Senior Vice President for Advocacy, stated: “The EPA’s methane fee would apply to oil and gas facilities that report annual methane emissions above a certain threshold.” He further explained that starting in 2024, a $900 fee per metric ton of methane would be imposed above this threshold, increasing to $1,500 by 2026. Temple noted that these costs are likely to be transferred to consumers through higher energy prices.
Temple added: “Small businesses want affordable, abundant, and reliable energy. We are pleased to see lawmakers in the House addressing these concerns by passing H.J. Res. 35.”
The NFIB has been advocating for small and independent business owners across the United States since its founding in 1943. The organization is nonprofit and nonpartisan.
