H.R. 8962 seeks to amend the Internal Revenue Code of 1986 by establishing a methane border adjustment mechanism. This mechanism would impose a tax on imported methane-producing substances like petroleum and natural gas, based on the methane emissions from the country where they were...
Simple Explanation
H.R. 8962 is a plan to make countries pay more money when they sell oil and gas to the U.S. if they let a lot of methane, which is a type of gas that makes the Earth warmer, escape where it's made. This is like telling countries to clean up their mess better before selling it, so the whole world can work together to pollute less.