The Biden administration is set to announce a new ambitious plan that will reduce the world’s global methane emissions by 30 percent by 2030, starting with oil and gas wells.
The new U.S. Methane Emissions Reduction Action Plan will utilize “commonsense regulations, catalytic financial incentives, transparency and disclosure of actionable data, and public and private partnerships” to identify and reduce methane emissions in a cost-effective manner from all major sources, the White House said in a statement on Nov. 2.
