EPA and DOE Announce $850 Million to Decrease Methane Emissions in Oil and Gas Industry

Reducing Methane Emissions for a Cleaner Environment

Reducing Methane Emissions for a Cleaner Environment

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President Biden’s Investment in America Agenda

Recent funding from President Biden’s Investing in America agenda is aimed at reducing methane pollution in the oil and gas sectors. This initiative is part of a broader effort to support clean air, create good jobs, and take meaningful climate action.

Key Announcement

On June 21st, the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy (DOE) opened applications for $850 million in federal funding to monitor, measure, quantify, and reduce methane emissions from oil and gas operations.

Reducing Methane Emissions

Oil and natural gas facilities are significant sources of methane, a potent climate pollutant. The funding will help cut methane emissions, create jobs, reduce waste, and achieve near-term emissions reductions to support President Biden’s climate goals.

Building Partnerships

The funding aims to assist small oil and gas operators in adopting methane reduction technologies. It also supports partnerships to improve emissions measurement and provide transparent data to affected communities.

Strengthening Climate Efforts

President Biden’s investment agenda is driving the deployment of advanced technologies to reduce harmful pollution, tackle the climate crisis, and create well-paying jobs. The government’s leadership aims to spur innovation, cut pollution, and hold polluters accountable.

Objectives of the Funding Opportunity

The primary goals of this funding opportunity include reducing methane emissions, accelerating the repair of leaks, improving community access to data, and enhancing the detection and measurement of methane emissions at a regional scale.

Community Benefits

Funding applicants must submit Community Benefits Plans to demonstrate engagement with communities and provide benefits to disadvantaged groups. This aligns with the Justice40 Initiative, which aims to direct benefits to marginalized communities.

Application Process

For any questions on the application process, applicants can submit written queries through the FedConnect portal. Technical issues with grants.gov can be addressed by contacting 1-800-518-4726 or support@grants.gov.

Methane Emissions Reduction Program

The Methane Emissions Reduction Program, established under the Inflation Reduction Act, aims to tackle methane emissions from the oil and gas sector. It provides financial and technical assistance to improve monitoring and Reduce Emissions.

U.S. Methane Action Plan

The funding opportunity aligns with the U.S. Methane Emissions Reduction Action Plan, which is part of the Biden-Harris Administration’s strategy to reduce harmful methane emissions. Recent initiatives include final standards to cut emissions from the oil and gas industry.

Read More of this Story at cleantechnica.com – 2024-06-23 14:56:19

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