"Thanks to the Inflation Reduction Act, EPA is slated to receive a windfall of more than $40 billion over the next 10 years. Americans could get a hint next week whether the extra money is going to translate into tougher regulations for air quality and climate change.
That’s when the agency is expected to release two proposals designed to clamp down on methane, a potent greenhouse gas. The draft rules, which would be final next year, would force oil and gas companies to reduce methane leaks from their operations.
The twin proposals would mark EPA’s first major regulatory action on climate since August, when President Joe Biden signed into law the Inflation Reduction Act. The measure includes nearly $370 billion in climate and renewable energy provisions, and would direct $41.5 billion to EPA over 10 years — overwhelmingly benefiting new and existing programs on climate and air quality."
Advertisement 
