The American Petroleum Institute (API) released the following statement from Vice President of Corporate Policy Aaron Padilla on the U.S. Environmental Protection Agency’s final revisions to the Greenhouse Gas (GHG) Reporting Program:

“API has raised serious concerns about several aspects of the proposed EPA Subpart W rule, including flawed methodologies that could lead to inaccurate reporting of higher GHG emissions and increased taxes on American energy at a time of geopolitical instability and economic inflation. We are reviewing the final rule and will work with Congress and the administration as we continue to reduce GHG emissions while producing the energy the world needs.”

API’s comments on the proposed Subpart W reporting rule are available here