Methane Rule to Eclipse Past Regulations, Including Obama’s
A story in E&E News references a recent Policy Leadership Series event with EPA's Michael Regan, as well as insights from RFF Fellow Brian Prest.
And existing infrastructure has yet to be regulated, even though it releases the overwhelming majority of the sector’s methane.
EPA seems poised to deliver.
Regan said during an event last week hosted by Resources for the Future that methane reduction has “never been done as aggressively as we plan to do it.”
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Brian Prest, a fellow at Resources for the Future, has studied how such a policy would impact leakage rates on the one hand and natural gas prices on the other. He said a high fee might incentivize industry to find reductions that EPA rules might miss.
“Regulations might get you part of the way to what a methane fee might achieve, but a methane fee might go further to the extent that it’s higher,” he said.
