EPA Sees Nearly 75 Percent Methane Cut From Proposed Oil & Gas Rule

EPA says its first-time methane limits on existing facilities in the oil and gas sector -- which represent the bulk of the emissions from the industry -- when coupled with tighter standards for new operations could reduce overall covered emissions by roughly 75 percent, providing a major boost to Biden administration efforts to cut the potent greenhouse gas. The proposed rule , announced Nov. 2, also would extend controls to new types of equipment not covered by Obama-era regulations, eliminate...