President Trump just proposed a small update to methane-emission regulations. But judging by the Democratic candidates' hyperbolic reactions, you'd think he personally assaulted Mother Earth.
Former congressman Beto O'Rourke attacked the president for rolling back regulations on "one of the most dangerous greenhouse gases." Senator Kamala Harris warned the proposed change would be "so bad for our environment."
These worrywarts need to take a few deep breaths. The proposed rule doesn't weaken environmental regulations -- it just makes them easier to follow. In fact, the proposal will empower energy companies in Michigan -- and across the country -- to invest in emissions-reducing technology.
Methane is an invisible, odorless gas occasionally released during oil and natural production. It traps more heat in the atmosphere than most other greenhouse gases. "Pound for pound, the comparative impact of [methane] is more than 25 times greater than [carbon dioxide] over a 100-year period," according to the EPA.
That's why the federal government keeps a close watch on emissions through a rule known as the New Source Performance Standards. NSPS governs emissions of methane, as well as gases called "volatile organic compounds," at well sites, natural gas plants, and compression stations.
Regulating both methane emissions and volatile organic compounds is redundant, since they're released together.
The president's proposal would eliminate this duplicative red tape by only regulating volatile organic compounds, including methane. It would also trim regulations that duplicate state rules.
The federal government will still regulate oil and gas infrastructure, including storage vessels, wells, and pumps. It'll just do so in a smarter, less intrusive manner. That'll give energy firms more time to focus on combating climate change, rather than jumping through bureaucratic hoops.
Already, methane emissions are plummeting thanks to private-sector efforts.
Consider the Environmental Partnership -- a group of 65 energy firms that share best practices on emissions reduction strategies. Formed in late 2017, the partnership has already conducted 156,000 surveys across 78,000 oil and gas sites, inspecting over 50 million components. Member companies detect and repair 99 percent of leaks within 60 days.
Over the past few decades, oil and gas firms have spent a combined $356 billion in making rigs, pipelines, and operating sites more environmentally friendly. That's over $1,000 per U.S. resident.
These private-sector efforts have paid off. Nationwide, natural gas production spiked 50 percent over the last three decades. Meanwhile, industry methane emissions fell 15 percent.
And this is just the beginning. Earlier this month, Michigan's largest utility -- Consumers Energy -- pledged to eliminate all methane emissions from its natural gas transmission, distribution, and storage systems by 2030.
Even if the president removed all methane regulations -- which he hasn't -- oil and gas firms would still regulate themselves. Leaks are bad for business, since methane is the main component in natural gas. As the EPA notes, "the industry has profit incentives to capture and sell" methane." This financial incentive helps explain why the industry's methane emissions account for just 3 percent of total U.S. greenhouse gas emissions.
President Trump's proposal doesn't gut EPA regulations -- it just streamlines them. Democratic candidates' hysteria is unwarranted.
Bob Beauprez is a former Member of Congress and Republican nominee for Colorado governor. He serves as the chairman of The Western Way, a nonprofit that aims to address environmental and conservation challenges with pro-market solutions.