A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Environmental Protection Agency relating to "Waste Emissions Charge for Petroleum and Natural Gas Systems: Procedures for Facilitating Compliance, Including Netting and Exemptions".
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Environmental Protection Agency relating to "Waste Emissions Charge for Petroleum and Natural Gas Systems: Procedures for Facilitating Compliance, Including Netting and Exemptions".
Plain Language Summary
# Summary of S.J. Res. 12 **What the Bill Would Do** This bill would cancel an EPA rule that went into effect in November 2024 requiring oil and gas companies to pay annual charges if their methane and greenhouse gas emissions exceed certain limits. The charges are part of the government's methane emissions reduction program.
If passed, the rule would be nullified, eliminating these compliance requirements and fees for the oil and gas industry. **Who It Affects** The bill primarily affects oil and gas companies that currently must pay emissions charges under the EPA rule. It could also impact environmental goals related to reducing methane emissions, which contribute to climate change. Supporters argue it reduces regulatory burden on energy producers; opponents contend it undermines efforts to address climate change and air quality. **Current Status** The bill was introduced by Senator John Hoeven (R-North Dakota) in the 119th Congress and is currently in committee, meaning it has not yet been debated or voted on by the full Senate.
CRS Official Summary
This joint resolution nullifies the Environmental Protection Agency (EPA) rule titled Waste Emissions Charge for Petroleum and Natural Gas Systems: Procedures for Facilitating Compliance, Including Netting and Exemptions and published on November 18, 2024. The rule outlines compliance requirements under the Methane Emissions Reduction Program. Under the program, the EPA collects an annual charge on emissions of methane and other greenhouse gases from entities in the oil and gas sector if their emissions exceed specified waste emissions thresholds.
Latest Action
Indefinitely postponed by Senate by Unanimous Consent.