Cautious approach to regulating oil and gas industry disappoints environmentalists, who regard the plan as a 'toe in the water.'
The Obama administration on January 14 rolled out its long-awaited plan to control the oil and gas industry's emissions of methane, saying it would cut leaks of the potent global-warming pollutant nearly in half in the coming decade.
The White House called its approach a crucial step to achieving the ambitious greenhouse-gas emissions targets President Obama announced last November in Beijing, but some environmental advocates said the plan, which relies heavily on voluntary efforts, failed to go far enough.
The methane plan calls for the Environmental Protection Agency to propose methane reductions at new oil and gas sites by summer 2015 and issue a final rule next year. The goal is to cut the industry's emissions 40 to 45 percent below the 2012 level by the year 2025.
Despite being an important expansion of greenhouse gas regulations under the Clean Air Act, the proposed rule would not address methane leaking from existing oil and gas wells and delivery networks. Rather, the administration said it would work with industry on voluntary efforts to cut methane from existing oil and gas sites, which studies have found to be riddled with leaks.
From Bloomberg News
Obama’s EPA estimates about 30 million metric tons of methane was emitted in 2012, 9 percent of the total U.S. greenhouse-gas emissions. Carbon accounted for more than 80 percent.
About one-third of the methane emissions come from oil and gas production and transmission. Rules the EPA already issued have led to a drop in methane emissions from the production of natural gas. Those rules didn’t cover oil wells, or the processing and transmission of the gas, which is also a big source of leaks.
Read more at Obama's Methane Crackdown to Come Slow and Easy
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