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On November 2, 2021, President Biden released the U.S. Methane Emissions Reduction Action Plan (the “Plan”). The Plan, calling for substantial reductions in U.S. methane emissions, was announced in tandem with an international agreement to tackle methane emissions, which took center stage during the second day of the Glasgow UN Climate Conference (COP26) this week. The domestic plan starts the ball rolling for a sweeping interagency initiative of upcoming rulemakings and regulations that would target multiple sources of methane emissions across the United States and incentivize further methane emission reduction through voluntary programs.
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