Texas Senate Bill SB388

Texas 2021 - 87th Regular

Caption

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

Impact

The implementation of this bill is expected to significantly impact environmental regulations by enforcing higher standards for methane emissions and promoting better practices in the management of oil and gas leases on university lands. By requiring quarterly inspections and maintenance of flaring systems, the bill seeks to ensure that methane emissions are monitored and minimized. The emphasis on adopting more stringent standards for both new and modified facilities reflects a commitment to improve environmental accountability and sustainability.

Summary

SB388 focuses on reducing methane gas flaring on land dedicated to the Permanent University Fund, particularly under the jurisdiction of The University of Texas System. The bill mandates that the board of regents adopt a formal policy goal aimed at eliminating routine methane flaring by 2025. This legislation establishes specific requirements for lessees involved in oil and gas extraction on university lands, which includes the submission of plans to eliminate routine flaring and comply with stricter environmental standards for methane emissions as set forth by the U.S. Environmental Protection Agency.

Contention

Notable points of contention regarding SB388 revolve around the balance between economic activity in the oil and gas sector and environmental protection. Proponents of the bill may argue that it is a necessary step towards reducing greenhouse gas emissions and protecting the environment, while opponents might raise concerns about the potential financial impacts on lessees and the feasibility of transitioning away from routine flaring within the stipulated timeline. Additionally, how this bill aligns with broader state energy policies and the economic implications of such regulations will likely be key topics of debate.