Texas House Bill HB1521

Texas 2021 - 87th Regular

Caption

Relating to the reduction of methane gas flaring on land dedicated to the permanent university fund.

Impact

This bill introduces specific regulations for lessees on university lands involved in oil and gas extraction. Under the new law, these lessees are required to submit plans to cease routine methane flaring, aligning with the formal policy established by the Board of Regents. The plans must adhere to stringent standards set forth by the U.S. Environmental Protection Agency. Additionally, lessees must conduct quarterly inspections to ensure compliance, which aims to enhance accountability and prevent methane emissions resulting from inefficient flaring practices.

Summary

House Bill 1521 focuses on the reduction of methane gas flaring specifically on lands dedicated to the Permanent University Fund in Texas. The legislation mandates that the Board of Regents of The University of Texas System establish a formal policy aimed at eliminating routine methane flaring by the year 2025. This policy goal is vital for addressing environmental concerns regarding methane emissions, which are known contributors to climate change. The bill reflects an increasing recognition of the need for universities to play a proactive role in sustainable resource management.

Contention

While the bill may be broadly supported due to its environmental objectives, there could be points of contention regarding the operational impacts on the oil and gas industry. Industry stakeholders may express concerns about the feasibility of rapidly eliminating routine flaring, particularly in relation to the costs associated with implementing the required technology and inspection practices. Critics may argue that the bill places excessive regulatory burdens on operators, potentially affecting the economic viability of operations on university lands.