Biden administration looks to ‘turbocharge’ climate action with methane leak rules – By Lucas Thompson (NBC News) / Dec 2, 2023
The finalized standards will force oil and gas companies to monitor and address leaks of methane, a particularly potent greenhouse gas.
The Biden administration on Saturday announced finalized standards to limit the amount of methane that oil and gas companies can leak into the atmosphere, saying the move will “turbocharge” climate action in the U.S.
The announcement, made at the United Nations Climate Change Conference in Dubai, also known as COP28, will require emitters to eliminate routine flaring of natural gas in new wells over a two-year period, monitor for methane leaks, and establish new standards for high-emitting equipment like controllers, pumps and storage tanks that make up much of the infrastructure that transports oil across state lines.
Methane is a potent greenhouse gas that traps about 80 times as much heat as carbon dioxide. Oil and gas companies are the nation’s top methane emitters.
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