US Govt. to cut Methane Emissions from Oil and Gas Industry

  • The US Environment Protection Agency (EPA) proposes to cut methane emissions from oil and gas development through regulations.
  • Regulations target methane and smog-forming volatile organic compounds (VOCs) produced by oil and gas drilling operations, as well as emissions from new and modified facilities that collect, transport and store oil and gas.
  • This could reduce the US oil and gas sector’s methane output by up to 30% by 2025.
  • The EPA proposal would apply only to gathering facilities that are new or modified, excluding many sites that operate presently.

Background

  • The US is presently the largest oil and natural gas producer in the world.
  • Methane is the primary component of natural gas which accounts for the third largest source of greenhouse gas emissions. Greenhouse gases are climate pollutants.
  • The emissions are projected to grow by about 25% by 2025.
  • The Obama administration in the wake of this announced a goal to cut about 40-45% of methane emissions from the gas and oil sector by 2025.
  • This translates to saving of 180 billion cubic feet of wasted natural gas in 2025 which is enough to heat about 2 million homes for an entire year.

News item compiled by Adarsh Mohandas

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