Energy Exchange

EU must take on its methane problem before turning to hydrogen

Facing dangerous levels of warming, Europe aspires to achieve a net-zero carbon economy by 2050. The oil and gas industry want us to believe natural gas can play a constructive role in this green energy future. And right now, these companies are lining up behind the idea that European Union policymakers should invest heavily in new incentives for hydrogen as a way to store and deliver energy for transport and the electric system.

Hydrogen separated from water using renewable electricity — so called ‘green hydrogen’ — might be economically viable someday. But for now, the cheapest way to make hydrogen is by converting natural gas. Natural gas is a major source of carbon dioxide emissions; it also consists mostly of methane, which is itself a greenhouse pollutant, with over 80 times the near-term warming power of carbon dioxide.

When it comes to climate change and achieving a net-zero carbon future, natural gas solves nothing unless both carbon dioxide and methane emissions associated with its production, distribution and use are fully controlled. Opening up a whole new market for converting gas to hydrogen without clearly establishing how those emissions will be dealt with would only make a serious problem much worse.

The European Commission recently released two major energy policy strategies in which methane and role of natural gas are at issue.

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Posted in Air Quality, Europe, Methane, Methane regulatons, Natural Gas / Language: / Comments are closed

The energy job market is in trouble. Here’s how we fix it.

The coronavirus is inflicting a heavy toll on America: Over 100,000 dead, almost two million infected, and more than 40 million unemployed. Beating the virus is the top priority. But we also need to put people back to work as fast as safety allows. How we go about that now will determine our nation’s economic future for decades.

To achieve lasting prosperity, we need to rebuild better by investing in jobs that restart the economy, improve the environment and move us to a cleaner future.

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Posted in Air Quality, Clean Energy, Climate, Energy Efficiency, Methane, Methane regulatons, Natural Gas, Renewable Energy / Language: / Comments are closed

Is the oil and gas industry serious about climate?

Hundreds of diplomats and heads of state will converge on the United Nations this week to discuss urgent actions to prevent catastrophic climate change. Just a few blocks away, CEOs and other top executives of the world’s largest oil and gas companies will host a meeting of their own, where they will also be talking about the climate, aiming to showcase the industry’s efforts to address greenhouse gas emissions.

It’s just a 10-minute walk between the two, but the symbolic journey is more like a thousand miles — and oil and gas producers are still struggling with the first steps. Their New York gathering, part of something called the Oil & Gas Climate Initiative (OGCI), could reveal important signs as to how serious they are about picking up the pace.

That challenge is stark: The world’s economy needs to reach net-zero greenhouse emissions by the end of this century if we are to have better-than-even odds of limiting warming to two degrees. Net-zero means not putting more carbon into the atmosphere than we can take out. To hit the global goal, Europe, the U.S. and other advanced economies must get to net-zero by 2050.

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Posted in Methane, Natural Gas / Language: / Comments are closed

Critic misstates EDF views on New York/New Jersey pipeline, overlooks larger climate win

Industrial pipelineA blogger has made the false allegation that Environmental Defense Fund is advocating for the construction of a proposed natural gas pipeline under New York harbor.

This is simply wrong. EDF is not advocating for the pipeline in question, known as the Williams NESE pipeline. We made that point clear two weeks ago in a blog of our own. The blogger, Rob Galbraith, simply ignores this.

A first-ever look at climate impacts

Mr. Galbraith is responding to a study prepared by consultants M.J. Bradley & Associates, who were hired by the utility National Grid to assess the climate impacts of the pipeline over time. Read More »

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Industry’s shift on methane must continue

Put aside any notion that oil and gas industry leaders might be growing less focused about methane. Whether motivated by economics or pressure from major investors, the overwhelming impression we’ve had at major industry gatherings this year has been just how deeply methane emissions have permeated the conversation.

At some moments, this year’s CERAWeek felt as much like a climate conference as an oil and gas convention.

That’s not to say the problem is solved, or that our work is anywhere near done. To the contrary, the shift is a reflection of how much more lies ahead now that the issue has been firmly established. What is clear, however, is the widespread recognition that how companies handle methane is a core business challenge that will help shape the gas industry’s prospects in a decarbonizing energy landscape.

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Posted in Methane, Methane regulatons / Language: / Comments are closed

The Oil & Gas Methane Partnership is a valuable forum for companies aiming to earn public trust

Once considered a niche environmental concern, methane emissions have emerged as a strategic issue for oil and gas companies around the world. The reason is simple: methane emissions from human activities account for over one quarter of our planetary warming today, and the global oil and gas industry is responsible for nearly 30% of this.

Voluntary methane mitigation efforts by industry are necessary but not sufficient to fully address the scale of the problem. Government and civil society must also be engaged. At present the only global forum where industry, government and civil society come together on the issue is the Oil & Gas Methane Partnership (OGMP), an UN-backed initiative that provides companies a platform through which to report their methane emissions and credibly share their actions and results with the public.

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Posted in Methane, Methane regulatons / Language: / Comments are closed