New EPA Emissions Rules To Cut GHG Methane Emissions By 40 Percent in Oil and Gas Sector

WASHINGTON (Reuters) – The U.S. Environmental Protection Agency will propose regulations on Tuesday aimed at cutting methane emissions from the oil and gas sector by 40 to 45 percent over the next decade

Sourced through Scoop.it from: www.huffingtonpost.com

>”WASHINGTON (Reuters) – The U.S. Environmental Protection Agency will propose regulations on Tuesday aimed at cutting methane emissions from the oil and gas sector by 40 to 45 percent over the next decade from 2012 levels, a source familiar with the issue said on Monday.

The regulations on methane are one part of the Obama administration’s strategy to curb greenhouse gases and combat climate change.

The targets in Tuesday’s proposal are in line with a January announcement by the Obama administration that it wanted to reduce oil and gas industry methane emissions by up to 45 percent from 2012 levels by 2025, the source said.

Earlier this month, President Barack Obama unveiled the final version of his plan to tackle greenhouse gases from coal-fired power plants, requiring carbon emissions from the sector be cut 32 percent from 2005 levels by 2030.

(Reporting By Valerie Volcovici; Writing by Mohammad Zargham; Editing by Peter Cooney)”<

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