Regulatory Action Center Supports EPA’s Cost-Saving Methane De-Regulation
FreedomWorks Foundation’s Regulatory Action Center (RAC) is driving comments in support of the Environmental Protection Agency’s (EPA) reform on methane. This new rule would remove regulatory barriers erected by the Obama administration. It would save the American taxpayer tens of millions of dollars and help lower energy costs for U.S. households. You can make your voice heard HERE to support this crucial reform.
Existing Obama-era regulations on methane impose stringent regulations for the transmission and storage of methane. This means that even though the mere storage of methane did not contribute significantly to air pollution, the Obama administration counted it against organizations that store and transmit methane as if it had polluted the environment. This is predatory regulatory overreach at its finest.
The Trump Administration, under the leadership of Administrator Wheeler, has ruled that the Obama EPA erred in its judgment. In order to be regulated under Section 111 of the Clean Air Act, the agency must determine that there is a significant impact on air pollution. Otherwise, any regulation is unlawful. The EPA also expects minimal environmental impact by this de-regulation, because of its allowance for modifications and the aforementioned issue of methane storage not contributing to air pollution.
EPA’s regulatory impact analysis estimates that the proposed amendments would save the oil and natural gas industry $17-$19 million a year, for a total of $97-$123 million from 2019 through 2025. This is cost-saving to the American taxpayer and is an important step towards lowering the energy bills for all Americans.
The open public comment period for this reform closes on November 25th. You are entitled to make your voice heard in this process and can do so at the link HERE. We need to keep slashing regulatory red tape and drain the swamp.