Biden tightens methane emissions rule amid push for more oil

The Biden administration is ramping up efforts to reduce methane emissions, targeting the oil and gas industry for its role in global warming even as President Joe Biden has pressed energy producers for more oil drilling to lower prices at the gasoline pump.

Biden was set to announce on Friday a supplemental rule cracking down on emissions of methane – a potent greenhouse gas that contributes significantly to global warming and packs a stronger short-term punch than even carbon dioxide ..

The new rule by the Environmental Protection Agency follows up on a methane rule Biden announced last year at a United Nations climate summit in Scotland. The 2021 rule targets emissions from existing oil and gas wells nationwide, rather than focusing only on new wells as previous EPA regulations have done.

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Article URL : https://economictimes.indiatimes.com/news/international/world-news/biden-tightens-methane-emissions-rule-amid-push-for-more-oil/articleshow/95451727.cms?from=mdr