Oil and natural gas companies will be given until Jan. 1, 2015, to acquire and install new equipment to limit emissions at natural gas wells, the Environmental Protection Agency said as it introduced new emissions-reduction rules. "This phased approach will provide time for industry to order and manufacture enough equipment as well as train personnel to conduct green completions," said EPA Assistant Administrator Gina McCarthy. "Clearly, we needed the phase-in period," said Howard Feldman, director of regulatory and scientific affairs at the American Petroleum Institute.

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FuelFix.com, Reuters

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