The Briefing Room
General Category => Science, Technology and Knowledge => Energy => Topic started by: Elderberry on August 30, 2019, 01:23:20 am
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WacoTrib By Juliet Eilperin 8/29/2019
The Environmental Protection Agency is set to announce Thursday that it will loosen federal rules on methane, a powerful greenhouse gas linked to climate change, according to two officials briefed on the decision.
The proposed rule will reverse standards enacted under President Barack Obama that require oil and gas operations to install controls on their operations to curb the release of methane at the well head and in their transmission equipment, including pipelines and storage facilities.
Several of the world's biggest fossil fuel companies, including Exxon, Shell and BP, have opposed the rollback and urged the Trump administration to keep the current standards in place. Collectively, these firms account for 11 percent of America's natural gas output.
The Wall Street Journal first reported news of the rollback.
More: https://www.wacotrib.com/news/trending/epa-to-reverse-federal-limits-on-methane-a-powerful-greenhouse/article_1fd78ea4-faae-5466-aee0-8384bb62f646.html (https://www.wacotrib.com/news/trending/epa-to-reverse-federal-limits-on-methane-a-powerful-greenhouse/article_1fd78ea4-faae-5466-aee0-8384bb62f646.html)
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Several of the world's biggest fossil fuel companies, including Exxon, Shell and BP, have opposed the rollback and urged the Trump administration to keep the current standards in place. Collectively, these firms account for 11 percent of America's natural gas output.
The reason these companies oppose the rollback is that they have already made the investments. Not requiring the rest of industry makes these guys less competitive.
Not a good reason to oppose the rollback, is it?
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The rollback is good. Maybe we can unplug the cows now....
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Excellent news! One more needless weight lifted from the marketplace.