The Biden administration has recently announced the final rules targeted towards combating the release of methane by the U.S. oil and gas industry, according to a statement released by Reuters on Saturday. These regulations are an integral part of the administration's broader effort to tackle climate change and reduce greenhouse gas emissions which contribute largely to global warming.
1. The Biden administration has announced final rules aimed at reducing methane emissions by the U.S. oil and gas industry.
2. This is a significant part of a broader plan to tackle climate change and reduce greenhouse gas emissions.
3. These rules represent a major change from the stance of the previous administration.
4. The new regulations limit the amount of gas that can be released by the oil and gas industry.
5. The move is reflective of the administration's commitment to meet targets set under the Paris Agreement which mandates steep reductions in greenhouse gas emissions.
The U.S. oil and gas industry is responsible for roughly 30% of the nation's methane emissions, according to the Environmental Protection Agency.
In a decisive step toward addressing climate change, the Biden administration has established definitive regulations to limit the amount of methane that can be released by the US oil and gas industry. These rules, unveiled on Saturday, represent a significant shift from the previous administration's stance and aim at putting a check on one of the major greenhouse gases contributing to global warming. They underscore the administration's commitment to meeting the targets set under the Paris Agreement, which calls for drastic cuts in greenhouse gas emissions.