EPA Proposed GHG Inventory Rule

March 10, 2009, EPA Administrator, Lisa Jackson, signed the proposed rule that will be published in the Federal Register shortly. Facilities would be required to report GHG emissions in certain industries if emissions exceed 25,000 metric tons of CO2 equivalent per year. Also, fossil fuel producers would be required to report the CO2 equivalent emissions from the complete combustion of their products. For example, refineries would report for liquid fuels produced, and gas plants would report for natural gas liquids. However, natural gas would be reported by the local distribution companies for the annual volume delivered to their customers.