• EPA Issues Proposed Rule Governing Greenhouse Gas Reporting For the Oil and Gas Exploration and Production Industry
  • April 23, 2010 | Author: Scott D. Deatherage
  • Law Firm: Thompson & Knight LLP - Dallas Office
  • On March 22, 2010, the U.S. Environmental Protection Agency (“EPA”) proposed a revision to a previously proposed rule that would require monitoring and reporting of greenhouse gas (“GHG”) emissions from certain facilities in the oil and gas industry. This proposed rule would add the oil and gas source category to EPA’s Greenhouse Gas Mandatory Reporting Rule, promulgated on October 30, 2009 (“MRR”) and would constitute Subpart W - Petroleum and Natural Gas Systems of the MRR (“Oil and Gas GHG Reporting Rule”). Subpart W was included in the original MRR proposed on April 10, 2009, but EPA did not finalize that subpart with the initial promulgation of the MRR, stating that the agency needed more time to review public comments and other information before finalizing the rule for the oil and gas source category. EPA intends to use the data it obtains from GHG reporting to develop future GHG policy and regulatory programs.