The degree to which the oil and gas industry can be trusted to play a constructive role in a low carbon future depends in no small measure on whether and how it reduces climate pollution today. That’s why company insiders, investors, and policy makers should take careful note of the sensible and innovative commitments announced by… Keep reading →
Let me first make this important point: I’ve met and worked with a lot of folks in the oil and gas industry who are truly dedicated to making their operations as safe and clean as possible – people who care about the communities they live and work in and who take pride in the… Keep reading →
Canada’s move to reduce methane emissions from its oil and gas sector passed another milestone this week, as the deadline passed for stakeholders to submit comments about the proposed regulations to Environment and Climate Change Canada (ECCC). EDF issued extensive comments commending ECCC for moving forward, but urging decision makers to address some critical weaknesses… Keep reading →
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 →
In 2014, NASA scientists published their discovery of a methane “hot spot” hovering over New Mexico’s San Juan Basin. The 2,500-square-mile methane cloud is the largest area of elevated methane concentration ever measured in the U.S., and is so big scientists can spot it from space. While some have tried to debate the cause of… Keep reading →
In a sign of growing recognition of the global methane opportunity, the Government of Canada today proposed new regulations that aim to curb methane emissions across the Canadian oil and gas industry. This marks the first regulatory package to be introduced by the Trudeau administration for Canada to meet its overall climate goals. Now that… Keep reading →
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 →
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 →
In its 2017 GHGI Inventory, published last week, EPA estimates 2015 methane emissions from the U.S. oil and gas industry were 8.1 million metric tons,which is enough to fulfill the domestic heating needs for over 5 million homes. In addition to estimating 2015 emissions, EPA has revised their estimates of previous years’ emissions based on… Keep reading →
Following energy reform in 2013, oil and gas industry expansion in Mexico is moving full steam ahead. The first round of bidding for Mexico-owned deep-water oil leases wrapped last December, ushering in a slew of private companies like ExxonMobil and Chevron for the first time since the 1930s. Additional leases for land that will become… Keep reading →
