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Biden Administration Announces $350 Million for Methane Reduction Grants

Biden Administration Announces $350 Million for Methane Reduction Grants

The U.S. Environmental Protection Agency (EPA), U.S. Department of Energy (DOE), and DOE’s National Energy Technology Laboratory (NETL) recently announced the availability of up to $350 million in formula grant funding to help monitor and reduce methane emissions from the oil and gas sector and support the environmental restoration of well sites. The funding, provided by the Inflation Reduction Act of 2022, will also help oil and gas well owners as well as operators of applicable facilities voluntarily reduce methane emissions of low-producing conventional wells on non-federal lands.
 
This action is the first in a series of funding opportunities under the Inflation Reduction Act that will target monitoring and reduction of methane emissions from the oil and gas sector. EPA and DOE plan to announce competitive funding opportunities following this non-competitive solicitation and have partnered to offer technical assistance to help industry monitor and reduce methane emissions from leaks and daily operations. These actions by EPA and DOE accelerate execution of the U.S. Methane Emissions Reduction Action Plan, building on over 80 agency actions taken since November 2022.
 
For more information, visit: https://www.energy.gov/articles/biden-harris-administration-announces-availability-350-million-grants-states-cut-methane
 
 

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