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EPA Wants Companies to Audit Greenhouse Gas Emissions

Greenhouse Gases

The Environmental Protection Agency is working with the federal government to require companies to start disclosing the amount of greenhouse gases they release into the atmosphere.

On Tuesday, the EPA proposed mandatory reporting of the gases blamed for global warming from approximately 13,000 companies that are large emitters of carbon dioxide and other greenhouse gases, such as oil refiners and automobile manufacturers, in the U.S. Under the new regulations, companies would be required to begin auditing their own greenhouse gas emissions as of 2010.

“We do not expect to have a significant impact on small businesses,” said Dina Kruger, the director of the agency’s climate change division.

Currently, the EPA only requires reporting of greenhouse gases only from power plants. It also releases an annual inventory that merely estimates the CO2 released from other large corporations such as those in transportation and electricity production.

“Our efforts to confront climate change must be guided by the best possible information,” EPA Administrator Lisa Jackson said in a statement announcing the proposed regulation.

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