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At COP26, 112 countries signed the Global Methane Pledge , committing to reducing global methane emissions by at least 30% by 2030. Additionally, the US Environmental Protection Agency (EPA) published a proposal in 2021 which would require oil and gas operators to detect and repair methane leaks at the 300,000 largest well sites.
On Earth Day, President Biden pledged to reduce global warming emissions by 50 percent by 2030 compared to 2005 levels. At COP26 the world took a step back from fossil fuels for the first time. The Environmental Protection Agency (EPA) committed to establishing new limits on discharges into rivers and streams.
billion metric tonnes of CO2 equivalent in 2020 alone, said the US Environment Protection Agency (EPA). Research, data and analytics firm Rhodium Group has estimated that the IRA will cut US emissions by over 40% from 2005 levels by the end of this decade. . The US has a credibility that it didn’t have at COP26,” he says. .
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