0
0

Methane Emissions Reduction Act of 2021

12/31/2022, 4:59 AM

Summary of Bill HR 4084

Bill 117 HR 4084, also known as the Methane Emissions Reduction Act of 2021, aims to address the issue of methane emissions in the United States. Methane is a potent greenhouse gas that contributes to climate change, and reducing emissions of this gas is a key priority for many lawmakers.

The bill includes several key provisions to help reduce methane emissions. It requires the Environmental Protection Agency (EPA) to establish regulations to limit methane emissions from oil and gas operations, including drilling, production, and transportation. These regulations would set specific targets for reducing methane emissions and require companies to report their emissions data to the EPA.

Additionally, the bill provides funding for research and development of technologies to reduce methane emissions, as well as grants to help companies implement these technologies. It also includes provisions to support the transition to cleaner energy sources, such as renewable natural gas and hydrogen. Overall, the Methane Emissions Reduction Act of 2021 is aimed at reducing methane emissions from the oil and gas industry and promoting cleaner energy sources. It is a step towards addressing climate change and protecting the environment for future generations.

Congressional Summary of HR 4084

Methane Emissions Reduction Act of 2021

This bill requires the Department of the Treasury to estimate annual methane emissions from each oil and natural gas producing basin and levy a fee for such emissions on each company that produces, gathers, processes, or transmits oil or natural gas. The fees must be used to provide grants through the National Coastal Resilience Fund of the National Fish and Wildlife Foundation.

Current Status of Bill HR 4084

Bill HR 4084 is currently in the status of Bill Introduced since June 23, 2021. Bill HR 4084 was introduced during Congress 117 and was introduced to the House on June 23, 2021.  Bill HR 4084's most recent activity was Referred to the Subcommittee on Energy and Mineral Resources. as of July 23, 2021

Bipartisan Support of Bill HR 4084

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
2
Democrat Cosponsors
2
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4084

Primary Policy Focus

Environmental Protection

Potential Impact Areas

- Air quality
- Climate change and greenhouse gases
- Environmental assessment, monitoring, research
- Environmental technology
- Government information and archives
- Marine and coastal resources, fisheries
- Oil and gas
- User charges and fees
- Wildlife conservation and habitat protection

Alternate Title(s) of Bill HR 4084

To require the Secretary of the Treasury to levy a fee on methane emissions from oil and natural gas facilities, and for other purposes.
Methane Emissions Reduction Act of 2021
Methane Emissions Reduction Act of 2021

Comments