Methane is a greenhouse gas, emitted both by natural sources and from human activity. Methane is also the largest component of natural gas, the product that companies sell. Operators have every incentive to capture and sell as much of this product as possible to American consumers, rather than letting it escape into the atmosphere. And independent oil and natural gas producers have made great strides in reducing our carbon footprint by cutting emissions without raising energy costs.
In fact, the United States leads the world in the reduction of carbon emissions, even as the production of U.S. oil and natural gas continues to increase. Our success in lowering carbon emissions in the United States is not because of additional regulations, but because of the increased use of clean-burning natural gas.
Check out IPAA’s latest fact sheets on EPA methane regulations here.
Read IPAA’s January 2023 comments to EPA on the Methane Emissions Reduction Program (Methane Tax) in Inflation Reduction Act here. You can find other methane-related comments in the ‘Correspondence’ section on this page.
IPAA endorses The Environmental Partnership, a voluntary program comprised of companies in the U.S. oil and natural gas industry committed to continuously improving the industry’s environmental performance. It includes companies of all sizes, including many of the country’s major oil and natural gas producers. Learn more about the program at www.theenvironmentalpartnership.org.
Well structured, cost effective regulations are essential to manage emissions while assuring that American oil and natural gas producers can provide the energy demanded by the U.S. and world economies.
DENVER – Western Energy Alliance and the Independent Petroleum Association of America (IPAA) yesterday submitted comments to the Bureau of Land Management (BLM) regarding the proposed rule on Waste Prevention, Production Subject to Royalties, and Resource Conservation. The associations urged the agency to implement targeted changes to portions of the proposed regulations......
31 January, 2023...
31 January, 2022