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Methane Reduction Program Changes: Exemptions for Small Producers and Increased Transparency.

This bill significantly modifies the federal Methane Emissions Reduction Program (MERP), primarily by easing regulatory burdens on small oil and gas producers. The imposition of methane charges will be delayed until the EPA fully disburses related grants and finalizes clear, validated rules for calculating emissions. Crucially, the act mandates greater transparency in EPA's fee calculation methods and sets a termination date for the program in 2034.
Key points
Small energy producers (under 25,000 tons CO2 equivalent and 2,500 employees) are exempted from methane charges and reporting requirements.
The start date for imposing methane charges is delayed until the EPA disburses all grants and finalizes transparent, validated emissions calculation methods.
The entire Methane Emissions Reduction Program authority will expire on December 31, 2034, requiring a supermajority vote in Congress for extension.
The EPA must publicly disclose all methods, calculations, consultants, and studies used to determine methane fees, ensuring clarity for industry operators.
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Additional Information
Print number: 118_S_5630
Sponsor: Sen. Lankford, James [R-OK]
Process start date: 2024-12-19