The final New-Source Performance Standards are projected to reduce methane emissions by 510,000 short tons a year (equal to 460,000 metric tons), by 2025. By 2025, these methane reductions have the same 20-year climate benefits as:
Burning 11 fewer coal-fired power plants every year
Taking 8.5 million cars off the road every yeariv These rules will save around $100 million in Americans natural gas that would have otherwise been wasted. The rule is expected to reduce 210,000 tons of VOCs and 3,900 tons of air toxics annually by 2025. In 2014 the U.S. oil and gas industry released 9.8 million metric tons of methanevi . This is 34% higher than reported by earlier estimatesvii . This methane has the same 20-year climate impact as
Burning almost 225 coal-fired power plants for a year
Driving 2/3 of all of the cars in the U.S. for a year (over 175 million cars). This wasted natural gas is worth almost $2 billion and could have met the heating and cooking needs of over 7 million homes for a year. Oil and natural gas production is expected to rise by 13% and 9% respectively in the next decade.xiii All of the national actions proposed or announced to date will still leave methane from the vast majority, at least 75%, of all of the wells and oil and gas infrastructure in use today virtually unregulated. Companies at over 500 locations around the country employ Americans who are plugging leaks and cleaning the air. PA Pennsylvania oil and gas operators reported releasing over 100,000 metric tons of methane in 2014. This methane has the same 20-year climate impactxvii as: Burning 2 coal-fired power plants for a yearxviii Driving about 2 million cars for a yearxix This wasted natural gas is worth over $20 millionxx and could have met the annual heating and cooking needs of over 60,000 homes in Pennsylvania.xxi OH Ohio oil and gas operators reported releasing over 22,000 metric tons of methane in 2014. xxii This methane has the same 20-year climate impactxxiii as driving over 400,000 cars for a yearxxiv This wasted natural gas is worth over $4 millionxxv and could have met the annual heating and cooking needs of over 12,500 homes in Ohio.xxvi NM New Mexico oil and gas operators reported releasing nearly 200,000 metric tons of methane in 2014.xxvii This methane has the same 20-year climate impactxxviii as: Burning 4 coal-fired power plants for a yearxxix Driving over 3.5 million cars for a yearxxx This wasted natural gas is worth nearly $40 millionxxxi and could have met the annual heating and cooking needs of over 200,000 homes.xxxii CO Colorado oil and gas operators reported releasing over 235,000 metric tons of methane in 2014.xxxiii This methane has the same 20-year climate impactxxxiv as: Burning 5 coal-fired power plants for a yearxxxv Driving over 4 million cars for a yearxxxvi This wasted natural gas is worth over $45 millionxxxvii and could have met the heating and cooking needs of over 160,000 homes for a year.xxxv
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