The Biden administration announced new rules for the oil and gas industry Saturday, requiring it to cut methane emissions by nearly 80% through 2038.
The U.S. committed to the new regulations on the oil and gas industry during the Climate Change Conference (COP28) in Dubai where Vice President Kamala Harris also announced that the U.S. would spend $3 billion in taxpayer dollars as a pledge to climate and “gender equity” funds.
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