Type Banner: Epa Plan and Energy Companies

type banner: The White House is finishing its review of the EPA plan, which was described by people familiar with the matter who asked not to be named ahead of a formal announcement that is expected within weeks, according to The Independent. The proposal threatens to undermine the oil industry's sales pitch that natural gas is a climate-friendly source of electricity a cleaner-burning alternative to coal that can help power an energy-hungry world for decades to come. The Trump administration is readying a plan to end direct federal regulation of methane leaks from oil and gas facilities, even as some energy companies insist they don't want the relief. avp.push tagid 'avp zid 323', alias '/', type 'banner', zid 323, pid 1, iframe true, width 300, height 250, refresh 90, refresh limit 60, inview true ; A draft proposal from the Environmental Protection Agency would prevent the federal government from directly targeting that potent greenhouse gas as it restricts emissions from oil wells and infrastructure, despite fears that time is running out to avert catastrophic consequences of climate change. Dozens of oil companies have made voluntary pledges to keep methane in check, and some have warned the Trump administration that federal regulation specifically targeting it is essential for natural gas to maintain that reputation. More than 60 oil and gas companies have made voluntary commitments to pare emissions of methane, the chief ingredient of natural gas, though some of them insist federal regulation still is essential for the highly fragmented industry. Stakeholder confidence in natural gas is hanging by the thread, and the EPA is pulling out the scissors with this methane rollback, said Ben Ratner, a senior director with the Environmental Defense Fund's energy innovation arm. (news.financializer.com). As reported in the news.

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