Monday,
October 2
October 2
EPA Greenhouse Gas Reporting Rule
The U.S. Environmental Protection Agency is due to receive comments on its proposal to amend requirements that apply to the petroleum and natural gas systems source category of the Greenhouse Gas Reporting Rule. The proposed revisions would improve the accuracy of reported emissions of greenhouse gases, including methane from applicable petroleum and natural gas facilities, consistent with the Methane Emissions Reduction Program under the Inflation Reduction Act enacted in August 2022. The program provides more than $1 billion to reduce methane emissions from the petroleum and natural gas sector and also establishes a waste emissions charge for methane from applicable facilities that report more than 25,000 metric tons of CO2 equivalent per year and that exceed statutorily specified waste emissions thresholds. READ MORE