Thursday, June 04, 2015
In the Hot Seat: Drilling into the Administration's Plans to Regulate Methane Emissions from the Oil and Gas Sector
This summer, the U.S. Environmental Protection Agency (EPA) plans to propose rules addressing methane emissions from the oil and gas sector. This action is anticipated to be the first direct regulation of methane emissions as a greenhouse gas, which, in addition to being the primary component of natural gas, has an EPA global warming potential much more significant than that of carbon dioxide. To meet the Obama Administration’s goal to cut oil and gas sector methane emissions by 40 to 45 percent by 2025 from 2012 levels, EPA is targeting new and modified oil and gas production sources, as well as natural gas processing and transmission sources.