MERP Clarifications Act of 2024

The MERP Clarifications Act of 2024 amends the Clean Air Act to clarify the Methane Emissions Reduction Program (MERP), primarily affecting small oil and gas facilities. It automatically exempts facilities generating less than 25,000 metric tons of annual greenhouse gas emissions (CO2 equivalent) and employing 2,500 or fewer people from reporting requirements and charges under the program. The bill also exempts facilities complying with existing EPA regulations (subparts OOOOb/OOOOc) in states with approved implementation plans. Additionally, it delays program charges until specific conditions are met, including full grant disbursement and finalized EPA rule revisions, and mandates clearer public explanations of calculation methods.