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Climate Change Hero

Climate Change Blog

  • 15
  • March
  • 2016

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More Methane Pain: White House and Canadian Prime Minister Release Joint Plan to Regulate Methane Emissions from Existing Oil and Gas Sources

On March 10, 2016, the United States and Canada released a Joint Statement on Climate, Energy, and Arctic Leadership in conjunction with a meeting between President Obama and Prime Minister Trudeau. Included in the statement was the announcement that U.S. Environmental Protection Agency (EPA) “will begin developing regulations for methane emissions from existing oil and gas sources immediately and will move as expeditiously as possible to complete this process.” This is a move the industry has long feared as the Obama Administration has continued to expand Greenhouse Gas-related regulations during its second term. Methane regulations for existing sources are likely to result in significant new costs at a time when the industry is facing punishing market conditions and a barrage of new federal rules. Read the entire article here.

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