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New Rules Limiting Methane Leakages Will Play Key Role in Slowing Climate Change
On April 29, the Environmental Protection Agency released its final rules to reduce dangerous methane leakages from new and modified sources in the oil and gas industry. The new standards should prevent 510,000 short tons of methane emissions in 2025 (that is the equivalent of 11 million metric tons of carbon dioxide, or taking 2.3 million cars off the road). The new rules should save Americans $690 million in 2025 by reducing methane and toxic pollution (that is 30 percent more than the $530 million the rules will cost to implement in 2025).
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197 Nations Unite to Phase Out Potent Greenhouse Gases
The signatories of the Montreal Protocol agreed on November 5, after seven years of discussion, to phase out hydrofluorocarbons (HFCs), a group of chemicals that can warm the atmosphere up to 12,000 times more than comparable amounts of carbon dioxide. Eliminating HFCs should prevent 0.5 degrees Celsius of warming (0.9 Fahrenheit), a significant amount as the world community seeks to keep global warming below 2 Celsius.
EESI Welcomes Action on Methane from Oil and Gas Sector
The Environmental and Energy Study Institute (EESI) welcomes the release today of the Obama administration’s proposed rule to reduce methane emissions from the oil and gas sector. The announcement follows the White House’s pledge earlier this year to cut methane emissions from the sector 40 to 45 percent below 2012 levels by 2025. In the proposed rule, the Environmental Protection Agency (EPA) has set draft standards for methane emissions from new and modified production, processing, and transmission facilities in the oil and gas sector. The draft standards for existing sources of methane emissions, however, are voluntary.
Critical First Step in Reducing Methane Emissions
The Environmental and Energy Study Institute (EESI) salutes the Obama administration’s decision to tackle methane emissions, a topic recently covered in an EESI Congressional briefing. Methane is a powerful climate warming pollutant – at least 84 times more powerful than carbon dioxide over the first 20 years of its presence in the atmosphere. Because of its potency, reducing methane emissions can reduce the rate of warming substantially in the near term.
EESI Celebrates 30 Years, Launches New Website
The Environmental and Energy Study Institute (EESI) is celebrating its 30th anniversary! To mark the occasion in style, EESI has refreshed its logo and launched an all-new website, with plenty of user-friendly features but with all the content that has earned EESI a reputation as a trusted source of credible, non-partisan information on energy and environment solutions.
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