Jul 24, 2015 IPAA Statement on EPA’s Proposed Natural Gas STAR Methane Challenge Program
WASHINGTON, D.C. – Independent Petroleum Association of America (IPAA) General Counsel Matthew Kellogg released the following statement on the Environmental Protection Agency’s (EPA) proposed Natural Gas STAR Methane Challenge program:
“Methane is the primary component of natural gas. America’s energy producers are already incentivized by further capturing emissions – with the help of new and innovative technologies – causing them to continue to fall. A flexible voluntary program with appropriate incentives for participation will be the fastest and most effective way to further reduce methane emissions from the oil and natural gas sector. EPA’s Natural Gas STAR Methane Challenge rightly chooses to create multiple opportunities for company participation. It remains to be seen whether the options proposed by EPA will be workable and whether EPA will provide appropriate incentives for participation. Additionally, there are concerns about the complexity and utility of the record keeping and reporting requirements associated with the voluntary program.”
About the Independent Petroleum Association of America
The Independent Petroleum Association of America (IPAA) is the leading, national upstream trade association representing thousands of independent oil and natural gas producers and service companies across the United States. Independent producers develop 95 percent of the nation’s oil and natural gas wells. These companies account for 54 percent of America’s oil production, 85 percent of its natural gas production, and support over 2.1 million American jobs.