The oil and gas industries’ routinely flares and engineers vents release unexpectedly large amounts of methane gas despite emergent regulations. Yet the business opportunities from capturing those emissions and turning them into value could be worth tens of billions of dollars a year. Such business-led, market-driven methane abatement woul…
Search results for: "methane emissions"
Sign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.New EPA Data Confirms Methane Emissions Not Declining Fast Enough
By Environmental Defense Fund Energy Exchange Blog
Last week EPA released its annual data from large emitters, called the Greenhouse Gas Reporting Program (GHGRP). It is not a comprehensive account of all methane emissions (for that, check out our methane synthesis paperpublished earlier this year) but it does provided us with an important snapshot of 2017 oil and gas methane emissions. Reduction trend not nearly… Keep reading →
UN Special Report Confirms Urgent Need To Reduce Methane Emissions
By Environmental Defense Fund Energy Exchange Blog
The latest UN IPCC report makes it crystal clear that carbon dioxide (CO2) is not the only pollutant that matters for limiting future warming. Deep reductions in emissions of non-CO2 pollutants, particularly methane (CH4), are essential to staying below temperature targets, and have the added benefits of improving public health, food security, and ecosystems. Further, the new report… Keep reading →
Harvard Management Company Discusses Challenges, Opportunities For Reducing Methane Emissions In Oil And Gas Industry
By Environmental Defense Fund Energy Exchange Blog
Last month, we had the opportunity to speak about methane and ESG (Environmental, Social and Governance) investing with Michael Cappucci, Senior Vice President of Compliance and Sustainable Investing at Harvard Management Company (HMC).An early leader in ESG investing, HMC was the first U.S. university endowment to sign the UN-supported PRI ESG investing initiative in 2014. HMC manages… Keep reading →
In Permian, Company Leadership And State Standards Are Critical For Reducing Oil And Gas Methane Emissions
By Environmental Defense Fund Energy Exchange Blog
This May, ExxonMobil, the world’s largest publicly traded oil and gas company, announced targets to limit methane waste from its global operations. We’ve also seen commitments to cut methane from a range of leading companies like BP and others. But as more companies step forward with methane targets, it begs the question: Is voluntary action from companies enough to… Keep reading →
EPA Inventory Shows U.S. Oil & Gas Methane Emissions Remain A Major Problem
By Environmental Defense Fund Energy Exchange Blog
The U.S. Environmental Protection Agency (EPA) has released a draft of its annual update to the U.S. Inventory of Greenhouse Gas Emissions (GHGI). The draft, which now includes emissions data for 2016, estimates oil and gas operators released 8.1 million metric tons (MMT) of methane of the course of the year through leaks, venting, and… Keep reading →
Whether You Love Or Hate Natural Gas, Stopping Methane Emissions Now Is Crucial
By Environmental Defense Fund Energy Exchange Blog
The International Energy Agency’s new 2017 World Energy Outlook contains the agency’s strongest language yet about the urgent need to reduce methane emissions from the oil and gas sector, and the huge opportunities that exist to do so. Some have taken issue with IEA projections on the overall role of natural gas, suggesting they are beyond what… Keep reading →
Reducing Methane Emissions, Advancing U.S. Energy
By Energy Tomorrow Blog
Some points to underscore while EPA works on extending compliance deadlines to allow the agency to revisit emissions regulations that were finalized in 2016: Methane emissions from the natural gas industry fell 16.3 percent between 1990 and 2015, during which natural gas production increased 50 percent – primarily due to industry leadership and voluntary technological innovation. Methane emissions… Keep reading →
Smart Money: Top Investors Press Oil & Gas Companies To Tackle Methane Emissions
By Environmental Defense Fund Energy Exchange Blog
A global group of 30 leading institutional investors coordinated by the PRI (Principles for Responsible Investment) has announced a new initiative that will encourage oil and gas companies, including gas utilities, around the world to initiate or improve efforts to measure, report, and reduce methane emissions. The move is the latest evidence that investors are… Keep reading →
New Studies: Methane Emissions From Canadian Oil & Gas Industry Are Worse Than Reported
By Environmental Defense Fund Energy Exchange Blog
Two studies released this week make it clear that Canada’s push toward methane regulations for the oil and gas industry is a smart move. And, while data of Canada’s oil and gas methane problem is still limited, these studies reinforce what research of the U.S. oil and gas industry found: oil and gas facilities are… Keep reading →
