EPA reduces natural gas GHG estimates; Pennsylvania reaffirms property law on 'minerals'
Two recent legal developments have provided some positive news for the US shale gas industry, which, despite a boom in natural gas production due to technological advances, is facing heightened scrutiny from regulators and legislators.
The United States Environmental Protection Agency in April 2013 revised its estimates of US greenhouse gas emissions during the period 1990-2010 and released its estimates for 2011. The EPA’s revisions changed the estimate for methane released in natural gas systems (including production, processing, transmission and storage, and distribution) from an increase of approximately 14 percent between 1990 and 2010 to a decrease of approximately 11 percent. As a result, the EPA’s new estimate of methane emissions from natural gas systems in 2010 is 33 percent lower than its original estimate.
This significant estimated decrease in emissions occurred despite an increase in US natural gas production of over 32 percent over the same time period, according to US Energy Information Administration statistics. Such decreased emissions could indicate recognition of greater efficiencies in the production process as well as more widespread use of leakage monitoring and control technologies than was previously assumed to occur in the industry…
If you are registered and logged in to the site, click on the link below to read the rest of the DLA Piper briefing. If not, please register or sign in with your details below.
News from DLA Piper
News from The Lawyer
Briefings from DLA Piper
DLA Piper has released the 29 September 2014 issue of its Health Alert, which focuses on judgments, legislation and reports in the health sector.
Facing the looming economic threat: third parties retain the right to intervene in threatened industrial action
Third parties have retained the recently acquired right to intervene to protect their interests in the face of threatened industrial action.
Analysis from The Lawyer
Shearman & Sterling is making its presence felt in the City, squaring up to magic circle firms and looking to muscle in on key relationships. Private equity house Bridgepoint is one outfit that has had its head turned by the US firm.
A new breed of lawyer is smoothing the path for companies entering emerging or unstable jurisdictions