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Senate Votes To Restore Regulations On Climate-Warming Methane Emissions
The U.S. Senate has taken a step toward more vigorously regulating climate-warming methane leaks from the oil and gas industry, a move supporters say is key to achieving President Biden's ambitious climate goals.
Senators on Wednesday reversed a Trump rollback by voting on a resolution under the Congressional Review Act
Methane is the main ingredient in natural gas. When released before it burns, it's a far more potent greenhouse gas than even carbon dioxide. But it does not linger in the atmosphere nearly as long. That means eliminating leaks now could have an immediate effect on global warming.
The National Oceanic and Atmospheric Administration said this month that methane and carbon dioxide "continued their unrelenting rise in 2020 despite the economic slowdown caused by the coronavirus pandemic response".
But the oil and gas industry is split over this issue. Larger companies generally support the Obama-era rules, while smaller companies oppose them.
Big oil is heavily invested in natural gas and worries that if methane emissions aren't controlled, it could undermine arguments that gas is a cleaner-burning fossil fuel than coal.
Smaller drillers worry stricter regulations will be expensive. They prefer voluntary measures to limit methane emissions.
originally posted by: Bluntone22
a reply to: dandandat2
Well let’s be honest here.
The easiest way to drastically reduce carbon and methane emissions is to absolutely destroy the economy.
Green tech cannot replace the current needs of the country so what’s the only answer? Reduce the need.
originally posted by: dandandat2
Large oil companies who can afford to pass the costs onto the consumer and will succeed at cornering the market might find it lonely when the Democrats decide to be a more frigid bedfellow.