Reuters: CORRECTED US to spend $1.55 bln for oil and gas sector to cut methane emissions

[OKIsItJustMe]

Last edited Mon Jul 24, 2023, 05:45 PM - Edit history (1)

CORRECTED US to spend $1.55 bln for oil and gas sector to cut methane emissions

Reuters
July 24, 2023 5:40 PM EDT

July 24 (Reuters) - The U.S. government will provide up to $1.55 billion in funding to monitor and reduce methane emissions from the oil and gas sector, two agencies said on Monday.

The funding will be accompanied by technical assistance for companies to rein in emissions of the planet-warming greenhouse gas from leaks and daily operations, the U.S. Environmental Protection Agency said.

"The amount of methane emitted from oil and gas operations is enough to fuel millions of homes a year, and is a major driver of the climate crisis," said Joe Goffman at EPA's Office of Air and Radiation.

States will get as much as $350 million through the U.S. Department of Energy's National Energy Technology Laboratory to help companies voluntarily identify and permanently reduce methane emissions from low-producing wells.

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[riversedge]

1. um. Aren't these gas and oil companies making enough money to pay for these improvements

themselves?????

[Think. Again.]

2. What?

From the article:

"States will get as much as $350 million through the U.S. Department of Energy's National Energy Technology Laboratory to help companies voluntarily identify and permanently reduce methane emissions from low-producing wells."

Why is this a "voluntary" thing?

Do we not have laws against industrial pollution that would force companies to clean this up or face fines and other punishments?

[OKIsItJustMe]

3. And the appeals process would take... How long?...