WASHINGTON, D.C.— The U.S. Department of Energy (DOE) and the U.S. Environmental Protection Agency (EPA) today announced that applications are open for $850 million in federal funding for projects that will help monitor, measure, quantify, and reduce methane emissions from the oil and gas sectors as part of President Biden’s Investing in America agenda. Oil and natural gas facilities are the nation’s largest industrial source of methane, a climate “super pollutant” that is many times more potent than carbon dioxide and is responsible for approximately one third of the warming from greenhouse gases occurring today. Today’s announcement builds on unprecedented action across the Biden Administration to dramatically cut methane pollution, with agencies taking nearly 100 actions in 2023 alone, including the finalization of an EPA rule that will yield an 80% reduction in methane emissions from covered oil and gas facilities.
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