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People & Business :: Green Issues

EPA Finalizes GHG Reporting Rule for Oil and Gas

10:07 AM MST | November 10, 2010 | Vincent Valk

U.S. EPA has finalized a greenhouse gas(GHG) reporting rule for oil and gas production facilities. This includes processing, production, storage and distribution of oil, natural gas, and liquefied natural gas (LNG), both onshore and offshore. Other industrial segments, including chemicals, were already included in the rule. The oil and gas rules go into effect on January 1, 2011, and facilities must report emissions to EPA by March 31, 2012. Oil and gas facilities emitting fewer than 25,000 tons/year of GHGs are exempt from the rule. That threshold is the same as...

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