Examples of Methane in a sentence
The fee imposed under the Methane Emissions and Waste Reduction Incentive Program for calendar year 2024 would be $900 per ton emitted over annual methane emissions thresholds, and will increase to $1,200 in 2025, and $1,500 in 2026.
The partners have agreed to “deem” the expenditure of $2 million increments of Coal Bed Methane (CBM) or tight gas sand/shale exploration drilling as each equivalent to one conventional well for the purposes of earning interests in relevant permits where relevant.
The firm programme is planned however, subject to any operational contingencies, to include the drilling of 4 conventional xxxxx, 3 Coal Bed Methane (CBM) xxxxx and a c.1,150 km 2D seismic acquisition programme which has already commenced as well as a 30,000 km2 gravity survey over SPA 7/04-5 in Western Australia.
Among other things, the Inflation Reduction Act includes a methane emissions reduction program that amends the CAA to include a Methane Emissions and Waste Reduction Incentive Program for petroleum and natural gas systems.
In September 2021, the U.S. and European Union jointly announced the launch of the “Global Methane Pledge,” which aims to cut global methane pollution at least 30% by 2030 relative to 2020 levels, including “all feasible reductions” in the energy sector.