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The Inflation Reduction Act of 2022 adds section 136, “Methane Emissions and Waste Reduction Incentive Program” to title I of the Clean Air Act. Section 136(c) directs the Administrator to impose and collect a charge for methane emissions from applicable facilities that report to the Greenhouse Gas Reporting Program petroleum and natural gas systems source category (40 CFR part 98, subpart W) and that exceed statutorily specified waste emissions thresholds. Section 136(h) requires revisions to the requirements of 40 CFR part 98, subpart W to ensure that reporting and calculation of charges are based on empirical data and accurately reflect total emissions from applicable facilities. The purpose of this action is to amend 40 CFR part 98, subpart W and meet directives set forth in section 136 with respect to the Methane Emissions and Waste Reduction Incentive Program.