Home

Methane Leaks Are Everywhere. The Trump Administration May Repeal Penalty Meant to Reduce Them

Leave a comment

Click the link below the picture

.

CLIMATEWIRE | EPA finalized regulations Tuesday for a fee that oil and gas companies could begin paying on excess methane emissions next year — if Republicans don’t repeal it first.

The rule guides implementation of a levy created by the 2022 climate law and is the last important climate standard of the Biden administration. It was unveiled at an event on the sidelines of this year’s U.N. climate conference in Baku, Azerbaijan, shortly before a U.S.-China methane summit.

EPA Administrator Michael Regan, who did not attend the global meeting, said in a statement that the rule is “the latest in a series of actions under President Biden’s methane strategy to improve efficiency in the oil and gas sector, support American jobs, protect clean air, and reinforce U.S. leadership on the global stage.”

EPA estimated that the levy would keep 1.2 million metric tons of methane out of the atmosphere through 2035 and deliver “up to $2 billion” in climate benefits.

Companies will begin paying the levy next year for excess emissions released in 2024. Oil and gas operators will pay $900 for each metric ton of methane that’s above a threshold enshrined in the Inflation Reduction Act. The fee, called the waste emissions charge, will climb to $1,500 a ton for 2026 and beyond. The levy reinforces EPA’s Clean Air Act rules for methane by ensuring that if operators aren’t covered by those standards — or don’t comply with them — they would pay the fee.

But President-elect Donald Trump’s victory last week throws doubt on the future of President Joe Biden’s methane policies — particularly the methane fee. Trump could direct former Rep. Lee Zeldin, a New York Republican whom Trump announced as his future EPA administrator Monday, to pare back elements of those policies or scrap them. Zeldin faces Senate confirmation.

The Biden EPA has rolled out important methane rules at each of the last three U.N. climate summits. The administration has also built its climate diplomacy around the need to curb methane — a superpollutant that’s 80 times more powerful than carbon dioxide at raising temperatures over a 20-year time horizon.

The U.S. joined the European Union in 2021 to launch the Global Methane Pledge, which has resulted in more than 150 countries promising to work together to reduce global methane at least 30 percent by 2030. The U.S. summit with China on Tuesday marks the second time the biggest two polluters are meeting to curb the potent gas.

But under Trump, EPA could quickly begin the process of pulling back and replacing Biden-era methane rules with laxer standards — including those that drive implementation of the methane fee. Because the rule is being finalized so late in Biden’s term, Republican lawmakers could invalidate it through a Congressional Review Act resolution.

But experts say those moves wouldn’t absolve Trump’s EPA from having to implement the fee.

“The law is still the law,” said one industry advocate who was granted anonymity to talk about future policies.

A CRA resolution would allow the Trump administration to craft a more industry-friendly methane fee. It could, for instance, make it easier for oil and gas operators to claim fee exemptions offered under the Inflation Reduction Act. Trump could also let operators delay paying the fee until their annual greenhouse gas reports are finalized late in the year. The Trump EPA could also allow corporations to net emissions across all assets, removing restrictions on how cleaner facilities may compensate for dirtier ones to mitigate fees.

If Trump and congressional Republicans wish to kill the methane fee, they would have to enact legislation to repeal it. Democrats and Biden moved the IRA through the annual budget process, and the GOP could potentially use the same maneuver to undo parts of it. Trade groups like the American Petroleum Institute and Independent Petroleum Association of America oppose the fee.

Rosalie Winn, an attorney with the Environmental Defense Fund, said legislation to scrap the fee “would be directly contrary to the interests of the American people.”

.

https://static.scientificamerican.com/dam/m/3d93b015590797f8/original/A_natural_gas_flare_burns_near_an-oil_pump_jack.jpg?m=1731430117.624&w=900

A natural gas flare burns near an oil pump jack at the New Harmony Oil Field in Grayville, Illinois, US, on Sunday, June 19, 2022. Luke Sharrett/Bloomberg via Getty Images

.

.

Click the link below for the article:

https://www.scientificamerican.com/article/trump-administration-likely-to-repeal-methane-leak-penalty/

.

__________________________________________

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Warum ich Rad fahre

Take a ride on the wild side

Madame-Radio

Découvre des musiques prometteuses dans la sphère musicale française (principalement, mais pas que...).

Ir de Compras Online

No tiene que Ser una Pesadilla.

Kana's Chronicles

Life in Kana-text (er... CONtext)

Cross-Border Currents

Tracking money, power, and meaning across borders.

Jam Writes

Where feelings meet metaphors and make questionable choices.

emotionalpeace

Finding hope and peace through writing, art, photography, and faith in Jesus.

Essu Center

Eyasu The Wonderful

Wearing Two Gowns.COM

KEEP MOVING FORWARD , That's how WINNING is done!”-Rocky Balboa

...

love each other like you're the lyric to their music

Luca nel laboratorio di Dexter

Comprendere il mondo per cambiarlo.

Tales from a Mid-Lifer

Mid-Life Ponderings

Hunza

Travel,Tourism, precious story

freedomdailywriting

I speak the honest truth. I share my honest opinions. I share my thoughts. A platform to grow and get surprised.

The Green Stars Project

User-generated ratings for ethical consumerism

Cherryl's Blog

Travel and Lifestyle Blog

Sogni e poesie di una donna qualunque

Questo è un piccolo angolo di poesie, canzoni, immagini, video che raccontano le nostre emozioni

My Awesome Blog

“Log your journey to success.” “Where goals turn into progress.”

pierobarbato.com

scrivo per dare forma ai silenzi e anima alle storie che il mondo dimentica.

Thinkbigwithbukonla

“Dream deeper. Believe bolder. Live transformed.”

Vichar Darshanam

Vichar, Motivation, Kadwi Baat ( विचार दर्शनम्)

Komfort bad heizung

Traum zur Realität

Chic Bites and Flights

Savor. Style. See the world.

ومضات في تطوير الذات

معا نحو النجاح

Broker True Ratings

Best Forex Broker Ratings & Reviews

Blog by ThE NoThInG DrOnEs

art, writing and music by James McFarlane and other musicians

fauxcroft

living life in conscious reality

Srikanth’s poetry

Freelance poetry writing

JupiterPlanet

Peace 🕊️ | Spiritual 🌠 | 📚 Non-fiction | Motivation🔥 | Self-Love💕

Sehnsuchtsbummler

Reiseberichte & Naturfotografie

Spotlight Choices

astrology - life coaching - optimistic reality

INFINITE ENERGY

"قوتك تبدأ من هنا"

MESİME ÜNALMIŞ

HER ÇOCUK HİKAYEYLE BÜYÜMELİ

Treasurable Life: The Dirty, Divine Truth of Becoming

No shame. No filters. Just everything we were told to hide.

Dr. Edward McInnis

Doctor of Medicine

Ishaya Zephaniah

Explore the dynamic relationship between faith and science, where curiosity meets belief. Join us in fostering dialogue, inspiring discovery, and celebrating the profound connections that enrich our understanding of existence.

Through Pain Suffering , Mental Health , Addictions , Cancer , Death , Drs

Living with Purpose: Finding Meaning Amidst Life's Challenges

TumbleDweeeb

Emmitt Owens

MAHADEV AMAZON PRODUCT

Toptrends India – Trending Amazon Deals, Fitness Tips & Earning Ideas