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US to Spend $700 Million for Oil and Gas Sector to Cut Methane Emissions

July 25, 2023

US to Spend $700 Million for Oil and Gas Sector to Cut Methane Emissions

7/24/2023

The U.S. government will provide up to $700 million in funding to monitor and reduce methane emissions from the oil and gas sector, setting aside half of the amount for grants to states, two agencies said on Monday.

The funding will be accompanied by technical assistance for companies to rein in emissions of the planet-warming greenhouse gas from leaks and daily operations, the U.S. Environmental Protection Agency said.

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