Drillers Say Obama Plan to Plug Methane Leaks Imperils Boom
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The Obama administration said it will issue rules to cut leaks of climate-warming methane, a step the oil and gas industry warned could choke the U.S. energy renaissance fueled by hydraulic fracturing.
The Environmental Protection Agency said Wednesday it will propose rules this year targeting new oil-and-gas equipment, the centerpiece of an initiative to reduce methane emissions as much as 45 percent by 2025. The EPA also plans to expand voluntary programs with states and industry on equipment already in use, a move that falls short of the new mandates environmentalists sought.