WASHINGTON, D.C. — Marty Durbin, President of the U.S. Chamber’s Global Energy Institute, issued the following statement today regarding the Biden Administration’s supplemental proposed rule to regulate methane emissions from the oil and gas sector.
“The Chamber supports smart, balanced regulations and voluntary actions to reduce methane emissions from the oil and gas sector, and we will work with EPA to help develop an effective final rule. Regulations should encourage innovation and the improvement of technologies to measure and reduce emissions while ensuring our energy security through continued development of our natural resources. We also support reducing methane emissions beyond our borders through the Global Methane Pledge. America’s oil and natural gas industry provides reliable and affordable energy to power our economy and to support our allies and does so with some of the lowest emissions intensity in the world. As we review the details of the proposal, we are particularly interested in how it will interact with the methane fee provisions of the Inflation Reduction Act.”