Methane emissions and waste reduction incentive program for petroleum and natural gas systems
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(a) Incentives for methane mitigation and monitoringIn addition to amounts otherwise available, there is appropriated to the Administrator for fiscal year 2022, out of any money in the Treasury not otherwise appropriated, $850,000,000, to remain available until September 30, 2028—
(1)
for grants, rebates, contracts, loans, and other activities of the Environmental Protection Agency for the purposes of providing financial and technical assistance to owners and operators of applicable facilities to prepare and submit greenhouse gas reports under subpart W of part 98 of title 40, Code of Federal Regulations;
(2)
for grants, rebates, contracts, loans, and other activities of the Environmental Protection Agency authorized under subsections (a) through (c) of section 7403 of this title for methane emissions monitoring;
(3) for grants, rebates, contracts, loans, and other activities of the Environmental Protection Agency for the purposes of providing financial and technical assistance to reduce methane and other greenhouse gas emissions from petroleum and natural gas systems, mitigate legacy air pollution from petroleum and natural gas systems, and provide funding for—
(A)
improving climate resiliency of communities and petroleum and natural gas systems;
(B)
improving and deploying industrial equipment and processes that reduce methane and other greenhouse gas emissions and waste;
(C)
supporting innovation in reducing methane and other greenhouse gas emissions and waste from petroleum and natural gas systems;
(D)
permanently shutting in and plugging wells on non-Federal land;
(E)
mitigating health effects of methane and other greenhouse gas emissions, and legacy air pollution from petroleum and natural gas systems in low-income and disadvantaged communities; and
(F)
supporting environmental restoration; and