Overview
- EPA proposed ending federal facility‑level greenhouse‑gas reporting for most major sources and all fuel and industrial gas suppliers, a program that currently covers roughly 8,000 facilities and about 85–90% of U.S. emissions, while claiming up to $2.4 billion in business cost savings.
- The draft rule would suspend oil and gas Subpart W reporting until 2034, a legal rationale observers call controversial and likely to face court challenges if finalized.
- Carbon Capture Coalition said the change threatens compliance for 45Q tax credits tied to EPA reporting, placing hundreds of announced projects and an estimated $77.5 billion in investments at risk.
- U.S. gas exporters could struggle to meet EU methane monitoring, reporting and verification requirements that begin in 2027, prompting firms to consider alternative third‑party certification to access overseas markets.
- EPA opened a roughly 47‑day public comment period; environmental groups and states signaled they are preparing challenges, with California noting it can lean on its own stricter reporting system.