Wednesday, December 19, 2018

Exxon Mobil Opposes Weakening Obama-Era Emissions Rules:  Letter to EPA

The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015. (Credit: Reuters/Lucas Jackson/File Photo) Click to Enlarge.
Exxon Mobil Corp (XOM.N) sent a letter to the U.S. Environmental Protection Agency in support of methane gas emission rules put in place under the Obama administration, according to a copy of the letter seen by Reuters.

The administration of President Donald Trump in September proposed weakening requirements for repairing leaks of the greenhouse gas in drilling operations in a step toward rolling back an Obama-era policy that was intended to combat climate change.

“We support maintaining the key elements of the underlying regulation, such as leak detection and repair programs,” Exxon Vice President Gantt Walton said in the letter dated on Monday.

The company believes “reasonable regulations help reduce emissions” and support the use of cleaner-burning natural gas, the letter said.

Read more at Exxon Mobil Opposes Weakening Obama-Era Emissions Rules:  Letter to EPA

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