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Top Beneficiaries of Methane Emissions Reduction Program by End of 2024
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Biden•Inflation Reduction Act•Department of Energy•DOE•Environmental Protection Agency•EPA•Methane Emissions Reduction Program
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Department of Energy (DOE) and Environmental Protection Agency (EPA) beneficiary reports
Story
Biden Administration Announces $850 Million Grant to Reduce Methane Emissions Under Inflation Reduction Act
Jun 21, 2024, 03:26 PM
The Biden administration has announced an $850 million grant program aimed at reducing methane emissions in the oil and gas sector. This initiative, part of the Inflation Reduction Act, is a collaborative effort between the Department of Energy (DOE) and the Environmental Protection Agency (EPA). The funding will be used to measure, monitor, quantify, and mitigate methane emissions, with a focus on improving emissions measurement and safeguarding vulnerable environmental justice communities and public health. Additionally, the program includes $1.36 billion in financial and technical assistance through the Methane Emissions Reduction Program.
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Texas • 25%
California • 25%
Oklahoma • 25%
North Dakota • 25%
Leak detection and repair • 33%
Methane capture and storage • 33%
Upgrading equipment • 33%
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Chevron • 25%
BP • 25%
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Transportation • 25%
Electric power • 25%
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