Subtle EPA Rule Change Could Disrupt Global Energy Markets!
The EPA removed an 18 year old stay of enforcement regarding formaldehyde pollution at stationary natural gas turbines back in February. Though subtle, this seemingly minor rule change has the potential to cause untold havoc on already unstable global energy markets. With the rule slated to go into effect on September 5th, neither the EPA nor the industry has had much to say on the subject despite the potential for adverse consequences for Americans and Europeans.
Link to BTU Analytics article: https://btuanalytics.com/natural-gas-pricing/epa-rule-change-could-have-wide-ranging-consequences-for-natural-gas-markets/
Link to EPA Rule Change Info: https://www.epa.gov/system/files/documents/2022-03/turbine-neshap-amendments-final-rule-fact-sheet-final.pdf
Chapters:
00:00 Intro
00:40 A Small Change With Big Consequences
04:03 Impact on LNG Exports
08:24 Impact on Power Plants
09:44 Pipelines are Effected Too
11:58 Not the End of the World
14:46 Long Story Short
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#LNG #NaturalGas #EnergyCrisis #EPA #NESHAP #MelonHead
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