“Very soon nobody is going to be able to hide from methane leakage,” Chevron CEO Mike Wirth said back in 2019 . Now, the convergence of new satellites, new climate commitments and new market demands means that day is here. Some companies have been girding for it; others are lagging. Either way, they all have work to do.
By Casey Horan
The way charging customers connect to the grid is changing rapidly, especially in states working to meet transportation electrification and decarbonization targets. But regardless of policy goals, most states are experiencing increased demand for renewables accompanied by more customers seeking connection to the grid for projects like electric vehicle chargers, solar and storage. Balancing sustainable grid buildout with customer demand for load can pose challenges for utilities, and often results in interconnection delays.
Methane is now a central part of the oil & gas industry’s climate challenge. New regulations in the U.S and Europe, growing concern in Asia and mounting interest from investors and global gas markets mean increasing pressure to improve emissions performance. It was also a focal point in the COP28 climate talks, where 52 producers representing more than a third of global production joined the Oil & Gas Decarbonization Charter, pledging to reduce emissions to near zero and to eliminate routine flaring by 2030.
Texas’ primary oil and gas regulator, the Texas Railroad Commission, took the unfortunate — though not surprising — step last month of requesting legal action against EPA’s recently finalized commonsense methane rules. This is unfortunate because, once implemented, these rules will protect public health, limit climate change and energy waste. It is not surprising because the RRC (Texas’ oddly named oil and gas regulatory agency) has shown little interest in trying to rein in Texas’ massive problem with oil and gas methane pollution. Texas emits more oil and gas methane pollution than any other state. Despite repeated calls for more oversight from the state agency, the RRC continues to regularly approve permits to flare natural gas, a leading cause of methane pollution.
By Magdalen Sullivan, Co-Authored by Erin Murphy
Many states are adopting declining emission limits as a way to address the severe and growing dangers of the climate crisis, and that means state utility regulators are grappling with how to decarbonize energy systems, manage costs and meet demand.
Cutting methane emissions from the energy sector is the fastest, cheapest and most effective way to curb global warming even as we decarbonize our energy systems. And the first step is making sure we know how much methane is being emitted, where it’s being released and by whom. As the well-worn adage goes, you can’t fix what you don’t measure.
