The Environmental Protection Agency's (EPA) Mandatory Greenhouse Gas (GHG) Reporting final rule today cleared the Office of Management and Budget. The final rule is expected to require that emissions from both upstream production and downstream sources be reported, as the EPA administrator deems appropriate. This rulemaking establishes monitoring, reporting and recordkeeping requirements on facilities that produce, import, or emit greenhouse gases above 25,000 CO2 equivalents annually.

The final rule is expected to require the first annual report to be submitted to EPA in 2011, for the calendar year 2010, except for vehicle and engine manufacturers, which will begin reporting for model year 2011.