The Inflation Reduction Act’s methane fee is finally here

On Friday, the Environmental Protection Agency released its long-awaited methane fee as directed by the Inflation Reduction Act. POLITICO’s Alex Guillén breaks down the details of the fee that could cost the fossil fuel sector billions of dollars, as well as the expected pushback from the oil industry and Republican lawmakers. Plus, federal science agencies say last year was the hottest on record by a wide margin, but project that this year could be even warmer.   For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro:  https://subscriber.politicopro.com/newsletter-archive/morning-energy   Josh Siegel is an energy reporter for POLITICO.  Alex Guillén is an energy reporter for POLITICO Pro.  Nirmal Mulaikal is a POLITICO audio host-producer.  Annie Rees is a senior audio producer-host at POLITICO.  Gloria Gonzalez is the deputy energy editor for POLITICO.  Matt Daily is the energy editor for POLITICO.