"bp applauds the EPA for proposing new rules aimed at reducing methane emissions. This is a critical step toward helping the US reach net zero by 2050 or sooner.
Regulating methane will help prevent leaks throughout the industry and protect the environment. That’s why bp supports the direct federal regulation of methane emissions from new and existing sources across the value chain.
bp is already in action to reduce our methane emissions. We’re improving our operations and investing in the latest technologies to help reach our global methane intensity target of 0.20 percent, based on our industry-leading measurement approach. We continue collaborating with diverse stakeholders – including academia, NGOs, and industry – to develop technologies and practices aimed at reducing methane emissions. And bp is engaging directly with the EPA to share data and learnings from our methane detection and monitoring program.
As global leaders convene in Glasgow for COP26, the US should be commended for prioritizing methane reductions.
We look forward to continuing to engage with the Administration as it develops methane rules that support the shared net zero goals of bp and the US."
bp’s ambition is to become a net zero company by 2050 or sooner, and to help the world get to net zero. bp is America’s largest energy investor since 2005, investing more than $130 billion in the economy and supporting about 230,000 additional jobs through its business activities. For more information on bp in the US, visit www.bp.com/us.