Greenhouse Gas Regulation: A Groundbreaking Oil and Gas Rule in Colorado

  • a Virtual Setting
  • Tuesday, February 22, 2022

Greenhouse Gas Regulation: A Groundbreaking Oil and Gas Rule in Colorado

Tuesday, February 22, 2022 at 9:00 am PDT, 10:00 am MDT, 11:00 am CDT, 12:00 pm EDT for 1.5 hours

Member: $55 | Nonmember: $75 | Government: $60 | Nonprofit: $60 | Complimentary for Foundation Student Members 

On January 14, 2021, Colorado released a Greenhouse Gas Pollution Reduction Roadmap calling for substantial, economy-wide GHG emission reductions to meet the State’s ambitious statutory GHG reduction targets—26% by 2025, 50% by 2030, and 90% by 2050, from 2005 levels. Among other things, the GHG Roadmap calls for “deep reductions in methane pollution from oil and gas development.” Additional legislation during the 2021 legislative session codified and accelerated these oil and gas reductions, placing new and important emphasis on prioritizing disproportionately impacted communities. 

To meet the statutory mandates, in December 2021 the Colorado Air Quality Control Commission (AQCC) adopted a novel regulatory program that will ratchet down Colorado operators’ GHG Intensity (emissions/production) over time, along with other traditional command and control regulations covering aspects of both the upstream and midstream sectors. This GHG “intensity-plus” program represents an innovative, nation-leading approach that will undoubtedly influence other state and federal policy makers as they look for new ways to decarbonize economies. Please join our expert panel for a review of the GHG intensity-plus rules and a discussion of how they will work, why they are important, and how they may relate to your company’s ongoing ESG and other GHG reduction efforts.