At the international COP27 climate change conference in Sharm el Sheikh, Egypt on Nov. 11, President Joe Biden announced a U.S. Environmental Protection Agency proposal to toughen its U.S. methane emissions reduction rule—part of a larger global plan to address the greenhouse gas.
“We’re investing more than $20 billion in domestic methane mitigation to do things like cap orphan wells leaking methane, improving industrial equipment in the oil and gas sectors to reduce emissions,” he said.