Last week the administration released its interagency strategy to limit methane emissions, a greenhouse gas that's far more potent pound for pound than carbon dioxide. The White House left itself plenty of wiggle room when it comes to curbing methane release from oil and gas drilling. Did the administration get it right when it comes to methane?
Concern over methane emissions has been fueled by the recent release of a study published in the journal Science indicating that the amount of methane escaping into the atmosphere is greater than the federal government previously estimated.
Environmentalists and industry alike support reducing methane emissions in the process of natural-gas production. Environmentalists say curbing methane release will protect the planet, while industry stakeholders say it makes good business sense to ensure that the gas does not escape into the atmosphere.
But what's the best way to make this happen? Should the feds mandate limits on methane and pattern the directive on Environmental Protection Agency regulations to curb carbon from power plants? Or should the government make compliance with its upcoming strategy voluntary? What sectors are most crucial to minimizing methane and should the administration be involved in reining in methane at all? What's the best way to keep the greenhouse gas out of the atmosphere and what are the risks if the White House missteps?