As President Barack Obama’s second term nears its end, his administration is shifting its attention to burnishing the president’s legacy on climate change. The president’s climate change agenda focused first on the largest category of emitters: power plants. The next sector on the administration’s radar is oil and gas.
The oil and gas industry has been on notice of possible future obligations on methane—the principal component of natural gas—since March 28, 2014 when the White House issued its Climate Action Plan Strategy to Reduce Methane Emissions. This document outlined actions that various federal agencies have been directed to undertake before the end of the Obama Administration to try to reduce methane emissions.
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