New EDF Estimates Cite Foregone Gas Royalties In Methane Rule Push

A new analysis from environmentalists and taxpayer advocates estimates the government loses roughly $500 million annually in natural gas resources from leaks and flaring on public lands, adding to calls for stricter methane limits even as the groups say their assumptions could be underestimating forgone revenues. The Jan. 26 report by Synapse Energy Economics, commissioned by the Environmental Defense Fund and Taxpayers for Common Sense, coincides with open comment periods on the Bureau of Land Management’s (BLM) proposal to curb...