methane emissions
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Under the Biden administration’s Inflation Reduction Act, enacted into law last year, companies must start producing precise measurements of their methane emissions next year and face fines if they exceed permissible levels. Yet, technology that might allow for precise methane measurements is still being developed.
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Industry consortium pilot project successfully demonstrates the significant potential of satellite technology in methane emissions detection and mitigation.
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A methane-quantification tool was developed by Petronas on the basis of applicable methane sources listed in guidelines produced by the Oil and Gas Climate Initiative.
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Barriers remain, but oil companies across the world are now in a position to reap big profits by capturing methane instead of flaring and venting it.
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The Oil and Gas Climate Initiative says its members’ absolute upstream methane emissions were down 40% since 2017. That’s equivalent to taking more than 3 million cars off the road for a year.
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The Biden administration has ramped up efforts to reduce methane emissions, targeting the oil and gas industry for its role in global warming even as President Joe Biden has pressed energy producers for more oil drilling to lower prices at the gasoline pump.
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The new Methane Alert and Response System initiative aims to scale up global efforts to detect and act on major emission sources in a transparent manner and accelerate implementation of the UN’s Global Methane Pledge. The system is designed to alert governments, companies, and operators about large methane sources to aid rapid mitigation.
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A multidisciplinary team of UCLA scientists and health care practitioners will conduct the health study, which will consist of five components—a health and health care use assessment, exposure assessment, community engagement, data management and statistical analysis, and overall program administration.
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Built to help scientists understand how dust affects climate, the Earth Surface Mineral Dust Source Investigation can also pinpoint emissions of the potent greenhouse gas.
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The company says its methane intensity has gone down by more than 50% since 2016.