Louisiana Takes Step to Address Wasted Energy Resources from Venting and Flaring
Statement from Elizabeth Lieberknecht, Regulatory and Legislative Manager, EDF
(Baton Rouge, La.) This week the Louisiana Department of Natural Resources published advance notice of a draft proposed rule to address natural gas wasted through the process of venting and flaring. The proposal would end the wasteful practice of routine venting and flaring at wellsites and builds from leading state approaches that have been adopted in the states of Colorado and New Mexico. The notice will be followed by a full, formal public comment period before rules are finalized.
In 2019, oil and gas operators in Louisiana wasted 5.18 billion cubic feet (BCF) of methane – the main component of natural gas and a climate warmer 80 times more powerful than CO2 – through venting and flaring alone, or over $16 million worth of gas. That’s enough natural gas to meet the needs of nearly every household in New Orleans for a full year. Reducing this waste is a valuable solution for addressing energy waste and supporting climate security.
“By initiating this rulemaking, Gov. Edwards' administration is taking an important step toward limiting energy waste, increasing economic competitiveness and safeguarding Louisiana’s climate security. A strong final rule from the Department of Natural Resources is an opportunity for Louisiana to deliver on the Governor’s Climate Action Plan and advance commonsense solutions that leading producers in the oil and gas industry are already implementing.”
- Elizabeth Lieberknecht, Regulatory and Legislative Manager, Midcontinent
One of the world’s leading international nonprofit organizations, Environmental Defense Fund (edf.org) creates transformational solutions to the most serious environmental problems. To do so, EDF links science, economics, law, and innovative private-sector partnerships. With more than 3 million members and offices in the United States, China, Mexico, Indonesia and the European Union, EDF’s scientists, economists, attorneys and policy experts are working in 28 countries to turn our solutions into action. Connect with us on Twitter @EnvDefenseFund
Media Contact
Latest press releases
-
Fight to Protect Climate More Important Than Ever Before
November 6, 2024 -
Passage of Proposition 4 Shows Voters Want Solutions for Our Changing Climate
November 6, 2024 -
Washington Voters Defend "Gold Standard" Climate Law, Underscoring that Ambitious Action is Popular
November 6, 2024 -
New Study Suggests Preparing the Grid Now for Electric Trucks, Buses can Save Ratepayers Money
November 5, 2024 -
North Carolina Utilities Commission Order on Duke Energy Carbon Plan Leaves Path to Offshore Wind on the Table
November 4, 2024 -
New Report Outlines Need for Quality Interventions in Climate Finance Goal Under Discussion at COP29
October 30, 2024