Bill 117 HR 2818, also known as the Mitigate Methane Now Act, is a piece of legislation introduced in the US Congress with the aim of addressing the issue of methane emissions. Methane is a potent greenhouse gas that contributes to climate change, and reducing its emissions is seen as a crucial step in combating global warming.
The bill proposes several measures to mitigate methane emissions, including requiring the Environmental Protection Agency (EPA) to set standards for methane emissions from various sources, such as oil and gas operations, landfills, and agriculture. It also calls for the establishment of a Methane Emissions Reduction Fund to provide financial incentives for companies to reduce their methane emissions.
Additionally, the bill includes provisions for monitoring and reporting of methane emissions, as well as funding for research and development of technologies to reduce methane emissions. It also aims to promote the use of renewable energy sources as an alternative to fossil fuels, which are a major source of methane emissions.
Overall, the Mitigate Methane Now Act seeks to address the urgent need to reduce methane emissions in order to combat climate change and protect the environment. It represents a bipartisan effort to tackle this pressing issue and move towards a more sustainable future.