DOE, EPA unveil projects chosen for $850M methane-cutting plan

By Carlos Anchondo | 12/23/2024 06:47 AM EST

The funding comes from the Inflation Reduction Act as President Joe Biden’s term winds down.

Gas is flared near a pump jack in New Mexico's Permian Basin.

Gas is flared near a pump jack in New Mexico's Permian Basin. blake.thornberry/Flickr

The Biden administration is divvying up $850 million to 43 projects to help track, measure and curb methane emissions from the U.S. oil and gas sector.

The Department of Energy and EPA announced the planned funding Friday — roughly six months after the Biden administration unveiled its plan to dole out the money. It also came a month before President-elect Donald Trump is scheduled to be sworn in for a second time.

Most of the projects selected are those designed to speed up the deployment of “early-commercial technology solutions” to cut methane emissions from new and existing oil and gas equipment, the Biden administration said in a news release.

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Other projects are focused on improving communities’ access to emissions data and boosting the detection and measurement of methane at a regional scale, DOE and EPA said.

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