Biden administration allocates $850 million to slash methane from oil and gas industry

Published June 21, 2024 5:00am ET



The Biden administration on Friday announced a new $860 million grant program to reduce methane emissions within the oil and gas sector, the latest in the administration’s push to curb emissions of the greenhouse gas, which is 28 times more potent than carbon dioxide.

The grant funding will be available to a broad range of entities, Biden administration officials said, including industry groups, higher education institutions, for-profit entities, not-for-profit entities, state and local governments, and tribes.

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