Policy Impact Analysis - 117/HR/1492

Bill Overview

Title: Methane Waste Prevention Act of 2021

Description: This bill establishes requirements to reduce methane emissions from the oil and natural gas sector. Methane is emitted during the production and transport of coal, natural gas, and oil. Specifically, the Environmental Protection Agency (EPA) must issue regulations that require the sector to reduce methane emissions over time. By 2025, methane emissions must be at least 65% below 2012 emissions. By 2030, the emissions must be at least 90% below 2012 emissions. The Department of the Interior must also establish regulations to reduce and prevent the waste of natural gas on federal land and Indian lands, including waste from venting, flaring, and fugitive releases. The regulations must include consistent enforcement mechanisms for any oil or gas operations that are not in compliance.

Sponsors: Rep. DeGette, Diana [D-CO-1]

Target Audience

Population: Individuals affected by changes in global methane emission levels

Estimated Size: 331000000

Reasoning

Simulated Interviews

Oil rig worker (Houston, Texas)

Age: 45 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 3/20

Statement of Opinion:

  • The policy might threaten my job security since it requires companies to invest in new technologies.
  • I understand the need for environmental protection, but it shouldn't come at the cost of workers' livelihoods.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 4 5
Year 2 4 5
Year 3 5 6
Year 5 6 6
Year 10 7 7
Year 20 8 7

Environmental researcher (Los Angeles, California)

Age: 30 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 20.0 years

Commonness: 5/20

Statement of Opinion:

  • This Act is a critical step forward in addressing climate change.
  • It may lead to significant improvements in air quality and public health.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 7
Year 3 9 7
Year 5 9 7
Year 10 9 7
Year 20 10 8

Local business owner (Bismarck, North Dakota)

Age: 55 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 4/20

Statement of Opinion:

  • I am worried about a drop in business if oil and gas production slows down.
  • Environmental benefits are great, but I am concerned about maintaining my customer base.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 6
Year 2 5 6
Year 3 6 6
Year 5 7 7
Year 10 8 7
Year 20 8 7

Healthcare professional (Atlanta, Georgia)

Age: 40 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 20.0 years

Commonness: 6/20

Statement of Opinion:

  • Cleaner air could mean less respiratory illness for my patients.
  • I'm hopeful about the potential reduction in healthcare costs and improved health outcomes.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 6
Year 5 9 6
Year 10 9 7
Year 20 9 8

Student (Fargo, North Dakota)

Age: 25 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 20.0 years

Commonness: 7/20

Statement of Opinion:

  • This Act aligns with my career goals to work in environmental protection.
  • I see this as a strong commitment to sustainable practices in the industry.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 9 8
Year 2 9 8
Year 3 9 8
Year 5 9 8
Year 10 9 8
Year 20 10 9

Natural gas company executive (Dallas, Texas)

Age: 60 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 2/20

Statement of Opinion:

  • Meeting the 2025 and 2030 targets will be challenging but achievable with the right technology investments.
  • Corporate responsibility towards the environment is increasingly important for our reputation.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 7
Year 2 6 7
Year 3 7 8
Year 5 8 9
Year 10 8 9
Year 20 9 9

Climate policy analyst (Boulder, Colorado)

Age: 50 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 20.0 years

Commonness: 4/20

Statement of Opinion:

  • This policy is essential for meeting climate targets and reducing greenhouse gas emissions.
  • Enforcement mechanisms will need consistent application to be effective.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 9 8
Year 2 9 8
Year 3 9 8
Year 5 9 8
Year 10 10 8
Year 20 10 9

Technology innovator (San Francisco, California)

Age: 36 | Gender: other

Wellbeing Before Policy: 9

Duration of Impact: 10.0 years

Commonness: 3/20

Statement of Opinion:

  • The Methane Waste Prevention Act opens up opportunities for technological development and innovation.
  • It provides a business opportunity to develop cutting-edge solutions for emission reduction.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 9 9
Year 2 9 9
Year 3 9 9
Year 5 10 9
Year 10 10 9
Year 20 10 9

College student (Raleigh, North Carolina)

Age: 19 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 20.0 years

Commonness: 8/20

Statement of Opinion:

  • I expect improved public health outcomes as a result of this policy.
  • It represents a significant step toward sustainable energy practices and could influence my future career path.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 9 8
Year 2 9 8
Year 3 9 8
Year 5 9 9
Year 10 10 9
Year 20 10 9

Retired (Anchorage, Alaska)

Age: 67 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 5/20

Statement of Opinion:

  • While the Act might seem disruptive, it's crucial for future generations to have a healthier environment.
  • My personal concern is the impact on retirement benefits tied to the industry's fortunes.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 6
Year 2 5 6
Year 3 6 6
Year 5 6 6
Year 10 7 7
Year 20 8 7

Cost Estimates

Year 1: $750000000 (Low: $650000000, High: $850000000)

Year 2: $775000000 (Low: $700000000, High: $880000000)

Year 3: $800000000 (Low: $720000000, High: $900000000)

Year 5: $850000000 (Low: $750000000, High: $950000000)

Year 10: $950000000 (Low: $850000000, High: $1050000000)

Year 100: $1500000000 (Low: $1400000000, High: $1600000000)

Key Considerations