Methane: It's the world's simplest hydrocarbon, the primary component of natural gas & a super-potent greenhouse gas.
Today, the EPA proposed easing some Obama-era requirements forcing oil companies to keep a tight lid on it.
Today, the EPA proposed easing some Obama-era requirements forcing oil companies to keep a tight lid on it.
The proposal would lessen the frequency of required inspections to hunt for methane leaks, lift a requirement that professional engineers certify some designs & make it easier for companies to deploy new technologies to monitor emissions.
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The EPA said its changes would save an estimated $484 million in regulatory costs from 2019 to 2025 -- or $75 million annually.
EPA predicts its methane proposal would boost hazardous air pollutants & volatile organic compound emissions that may “degrade air quality & adversely affect health and welfare,” but says “data limitations” prevent the agency from quantifying the impact.
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bloom.bg/2N4FPCD
