Source: Matthew Grimm
Not so long ago, people who worried about pollution in their local environment had few options. Getting answers required hands-on testing by trained experts with specialized equipment, or finding and sifting through scarce, hard-to-come-by data.
Today all of that is changing. A convergence of tech trends – inexpensive sensors, cloud computing and data analysis, and social media – is transforming environmental protection by giving people and organizations like Environmental Defense Fund the ability to collect and analyze huge amounts of information, then publish results for all to see.
Three cars, 15 million readings
We launched one of these powerful projects today.
Thanks to a partnership with Google Earth Outreach, EDF has mapped thousands of natural gas leaks beneath three American cities – Boston, Indianapolis, and New York City’s borough of Staten Island. Using three of the company’s famous Street View cars equipped with special sensors, we gathered millions of individual readings over thousands of miles of neighborhood streets.
The maps are available now, with many more to come. Read More
Yesterday we explored how Wyoming regulators and Governor Mead are making progress on a set of potentially strong air pollution measures in Pinedale and across the Upper Green River Basin of Southwestern Wyoming.
But today a similar drilling boom is happening in Converse and Campbell counties in the northeast area of the state. Unfortunately, none of these strong, sensible new air pollution requirements apply in these areas.
The numbers are stark. A full 80 percent of the current drilling in Wyoming is occurring out in the part of the state with the least restrictive air quality controls. The U.S. Bureau of Land Management is currently beginning a process to consider as many as 5,000 new oil and gas wells in Converse County alone, and equal or greater drilling activity is expected in neighboring Campbell County over the next decade.
Good energy policy ideas can come from all corners, and Wall Street is no exception.
Goldman Sachs recently served up a powerful case for action on methane in a stroke of market logic grounded in data. In a recent report, the investment bank argues that environmental regulation is more than a necessary evil when it comes to oil and gas development – it’s a vital enabler for economic growth.
There’s power in diverse groups coming together.
Goldman’s insight for the U.S. oil and gas industry – that the current environmental policy vacuum is a major cause of investor queasiness – suggests that markets can help drive environmental progress. Read More
By: Sean Wright, Senior Analyst, Corporate Partnerships
Source: Ash Waechter
Environmental concerns about methane emissions continue to grow as more people understand the negative climate implications of this incredibly potent greenhouse gas. Now the financial community is taking note of not only the environmental risks but the impact of methane emissions on the oil and gas industry’s bottom line. Methane leaks not only pollute the atmosphere, but every thousand cubic feet lost represents actual dollars being leaked into thin air—bad business any way you look at it.
Last week the Sustainability Accounting Standards Board (SASB)—a collaborative effort aimed at improving corporate performance on environmental, social and government issues—released their provisional accounting standards for the non-renewable resources sector, which includes oil and gas production.
These accounting standards guide companies on how to measure and disclose environmental, social, and governance (ESG) risks that impact a company’s financial performance. Their work highlights the growing demand amongst investors and stakeholders for companies to report information beyond mere financial metrics in order to provide a more holistic view of a company’s position.
A coal train rolls through a town in West Virginia, which produces more coal than any other state except for Wyoming.
Nobody was surprised to hear political foes of President Obama and leaders from several coal-dependent states blast EPA’s proposal to limit carbon pollution from America’s power plants.
The Clean Power Plan, released June 2, represents a big change in the way America will generate and use energy in the coming decades. We understand: Big changes are scary.
So it’s interesting to ponder which political leaders in states dependent on coal-fired power will, in the end, seize this historic opportunity.
Who will use the flexible policy tools offered in the Clean Power Plan to diversify their energy economies and unleash innovation to help their states grow? Who will show political courage? Read More
By Jukka Isokoski via Wikimedia Commons
The recent Energy Strong settlement between New Jersey regulators and Public Service Electric & Gas (PSE&G), the state’s largest utility, should help reinforce vulnerable energy infrastructure ahead of future severe storms. Last month, the Board of Public Utilities (BPU) agreed that customers could fund $1.2 billion in PSE&G improvements to New Jersey’s electric grid to make it more resilient and efficient. As a participant in the case, EDF was encouraged that PSE&G agreed to necessary changes to its grid to protect against more extreme weather events.
PSE&G, which had originally asked for $2.6 billion in storm-related hardening funds, submitted its Energy Strong proposal to regulators in the wake of Superstorm Sandy, which knocked out electricity for a third of homes and businesses in the state for weeks.
The BPU denied EDF and other environmental organizations full intervener status, preventing us from mounting a full case that would have included expert witnesses on proven climate science and the increased likelihood of future superstorms, the pressing need to take aggressive action to make our existing electric and gas distribution grids more resilient, and the need to transition to a smarter, more decentralized energy system. Although our status in the case was limited by the BPU’s decision, we managed to argue for and win some positives for the environment: Read More
America is in the midst of two booms: one in sensor technology and another in natural gas. Recent innovations—specifically advancements in drilling and hydraulic fracturing technologies—have dramatically increased the nation’s access to reserves of natural gas. While this influx of new technology has altered the energy industry, the resulting large-scale development has brought with it some real environmental and climate risks. Now is the time for the same ingenuity that transformed America’s energy landscape to help identify solutions to reduce the impacts caused by increasing supplies of natural gas.
Just this last month, two innovator programs were announced – one led by Environmental Defense Fund (EDF) and another from the U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) – both are focused on developing new technologies capable of minimizing methane emissions from the natural gas supply chain. The programs are different but complementary and together signal there is momentum building to engage the best and brightest innovators to help address a consequential component of the climate issue. Read More
This post was co-authored by Tomás Carbonell, EDF Attorney, and Brian Korpics, EDF Legal Fellow
Last Thursday, the Department of the Interior’s Bureau of Land Management (BLM) hosted a public forum in Washington, D.C. on venting and flaring of natural gas from oil and gas operations occurring on federal lands. This was the third in a series in which BLM received public comments on various options aimed at addressing the extensive and unnecessary loss of gas from onshore federal oil and gas leases. EDF is encouraged to see BLM taking on this vital issue, and we delivered testimony urging BLM to take strong and timely action to uphold its responsibility to minimize waste of our nation’s natural resources and ensure oil and gas development minimizes impacts to our climate and public health.
Reducing waste of natural gas on federal lands is a core element of the President’s strategy to reduce methane emissions, and for good reason. BLM is tasked with managing 700 million acres of federal lands – making it the largest single land management agency in the federal government – and it has broad responsibilities for the significant oil and gas resources located on those lands. Almost 40 million acres of BLM lands have already been leased for oil and gas production, accounting for approximately 14 percent of all onshore natural gas production and 8.5 percent of all onshore oil production in the United States.
Despite the scale of oil and gas production on federal lands, BLM’s policies covering venting, flaring, and other losses of natural gas are over three decades old. These obsolete regulations allow producers to waste significant amounts of natural gas that could be cost-effectively captured using today’s technology. The Government Accountability Office (GAO) found in 2010 that between 4.2 and 5 percent of all natural gas produced onshore on federal lands was vented, flared, or lost in fugitive emissions — enough gas to heat about 1.7 million homes each year. A more recent study by the Western Values Project found that vented and flared methane could cost taxpayers nearly $800 million in coming years.
It has happened again. Another scientific study finds methane emissions from oil and gas production are higher than previously thought, reinforcing the urgent need to reduce emissions of this powerful climate pollutant. The latest study, accepted today to be published in American Geophysical Union’s Journal of Geophysical Research – Atmospheres, measured methane concentrations in the air over Colorado’s largest oil and gas producing region on two days during early 2012 and adds to our understanding of the environmental impact of oil and gas development.
The study—led by scientists from the National Oceanic and Atmospheric Administration (NOAA) and the Cooperative Institute for Research in Environmental Sciences (CIRES) at UC-Boulder—suggests between 2.6 and 5.6 percent of gas produced in the Denver Julesburg basin escapes into the air. That’s nearly three times the amount estimated using data from the Environmental Protection Agency’s Greenhouse Gas Reporting Program. The study also found emissions of smog-forming VOC emissions to be twice as high as estimated based on state data and emissions of benzene, a known carcinogen, to be seven times higher than current state estimates.
Nearly every month, for the past six months, a new scientific study has been released that provides new insights in to where methane, a highly potent, climate-destabilizing greenhouse gas, could be reduced across the entire natural gas system – the next six months will be no different. But this week, a new joint Purdue-Cornell study published in the Proceedings of the National Academy of Sciences revealed high emissions from drilling.