The Biden-Harris administration has announced a $162.4 million loan guarantee to LongPath Technologies for a real-time methane emissions monitoring network, deploying over 1,000 remote monitoring towers across major oil and gas regions. This initiative aims to significantly reduce methane emissions, equivalent to removing 1.3 million gasoline-powered vehicles from the road, while creating hundreds of jobs and strengthening domestic supply chains. The project is part of broader efforts under the U.S. Methane Emissions Reduction Action Plan, which includes over 100 actions taken in 2023 to combat climate change.
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