EPA Sends Proposed Rule on GHG Reporting by Oil and Gas Industry to OMB
The Environmental Protection Agency has sent to the Office of Management and Budget a proposed rule to require the reporting of greenhouse gas emissions from the oil and gas industry. This rule applies to sectors of the oil and gas…
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industry which have significant fugitive and vented emissions of carbon dioxide and methane, e.g., natural gas transmission compression, distribution, etc. The rule would not require control of greenhouse gases, rather it would require only that sources above certain threshold levels monitor and report emissions. This sector was originally proposed in the Mandatory Greenhouse Gas Reporting Rule and is now re-proposing based on comments received.