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In May, the Environmental Protection Agency (EPA) released regulations designed to curb methane (CH4) emissions from new, modified and reconstructed oil and natural gas sources. As part of the Obama administration’s effort to combat climate change, the rule attempts to reduce methane emissions by as much as 45% from 2012 levels by 2025. According to the EPA, methane is the second most prevalent greenhouse gas emitted by humans on a pound for pound basis. Although the atmospheric lifetime of CH4 is much shorter than carbon dioxide (CO2), methane is at least 25 times more potent at trapping heat in the… [more]
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On Tuesday, January 20th 2015, President Obama will deliver the State of the Union address (SOTU), and energy and climate will likely play a prominent role. In last years’ SOTU, President Obama outlined an all of the above strategy: increasing domestic oil and gas production, cutting red tape, phasing out fossil fuel subsidies and addressing climate change. However, a lot has changed in the last year. Republicans now control both chambers of Congress, oil prices are at their lowest point since 2009 and the Clean Power Plan has impacted the policy landscape both domestically and abroad. The administration just announced… [more]
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