Environmental Protection Agency and Department of Energy Announce Partnership to Provide More than $1 Billion to Reduce Methane Emissions from Oil and Gas Sector
Department of Energy’s Office of Fossil Energy and Carbon Management
June 30, 2023
Today, the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) announced their partnership to provide more than $1 billion in funding from President Biden’s Investing in America Agenda to help reduce wasteful methane emissions from the oil and gas sector, one of the primary drivers of the climate crisis.
This collaboration will leverage EPA and DOE’s shared commitment to, and joint expertise in, advancing methane monitoring and reduction technologies for the oil and gas sector. The agreement also includes the DOE National Energy Technology Laboratory (NETL), which brings expertise in quantifying and reducing methane emissions from leaks and inefficient operations. EPA will develop the regulatory elements of the Methane Emissions Reduction program and work closely with DOE on the financial and technical assistance aspects of the program. This cooperative approach to tap each agency’s strengths will ensure that funds are distributed quickly and effectively, helping increase the efficiency of U.S. oil and gas operations and realize near-term emission reductions and public health benefits.
“We know how harmful methane pollution can be as a potent greenhouse gas,” said EPA Administrator Michael S. Regan. “Through President Biden’s historic investments in America, this joint EPA-DOE effort provides the United States with an opportunity to significantly reduce releases of methane, pushing back against one of the primary drivers of climate change. This investment from the Inflation Reduction Act will also incentivize critical reduction of air pollution, particularly in overburdened communities, to protect public health and slow the rate of climate change.”