bp America Chairman and President David Lawler released the following statement in response to the Environmental Protection Agency’s (EPA) repeal of methane limits:
“bp believes methane should be directly regulated by the EPA and respectfully disagrees with (the Aug. 13) decision by the administration. Direct federal regulation of methane emissions is essential to preventing leaks throughout the industry and protecting the environment.
“As part of our net zero ambition, bp is committed to halving our methane intensity by 2050 or sooner. To that end, we are improving our operations, utilizing the latest technologies and collaborating with peers, NGOs, and academic research institutions on detection, measurement and abatement.
“These are all voluntary actions on our part and, while others are similarly engaged, not everyone is. That is why we strongly believe that the best way to tackle this problem is through direct federal regulation, ensuring that everyone in the industry is doing everything they can to eliminate methane leaks.”
bp is a global energy producer with operations in nearly 80 countries. bp is America’s largest energy investor since 2005, adding more than $125 billion to the economy. bp employs about 13,000 people across the U.S. and supports more than 200,000 additional jobs through its business activities.