Source: Jacob Fischler, NC POLICY WATCH, 2/1/22


The federal government will provide $1.15 billion this year to help states cap defunct oil and gas wells, the White House said Monday, as part of a broad plan to reduce methane emissions. The government-wide methane reduction plan comes about two months after President Joe Biden joined a pledge at the United Nations Climate Conference in Scotland to reduce methane emissions by 30 percent by 2030. The plan also includes new Environmental Protection Agency regulations and an Agriculture Department incentive program for farmers to reduce or capture methane.

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