Energy Exchange

Methane rollbacks create moment of truth for oil and gas executives

How top energy companies engage in the U.S. methane policy debate in the coming weeks may tell us a lot about the future of natural gas.

As these companies have themselves recognized, the role of natural gas in a world that can—and must—decarbonize depends on minimizing harmful emissions of methane from across oil and gas production and the natural gas value chain. But a recent comprehensive study involving dozens of leading academics and companies around the country found that U.S. methane emissions from industry are 60 percent higher than prior estimates—enough to double the climate impact of natural gas.

Such wasteful emissions leak away the potential climate benefits of natural gas, threatening the credibility of executives making the case to institutional investors and society that natural gas can meet what some industry leaders have deemed the “dual challenge” of meeting energy demand while reducing emissions.

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Also posted in Natural Gas / Comments are closed

Cowboy up: Wyoming’s new oil and gas proposal helps state lead on air quality

Wyoming is not a state that likes to take a backseat to anybody, especially when it comes to setting energy policy. That’s why it’s no surprise the state recently proposed new standards to reduce harmful, wasteful emissions from the state’s oil and gas facilities.

The requirements in the state’s new proposal are an extension of a successful emission-reduction program implemented in 2015 to improve air quality in western Wyoming, where unchecked oil and gas development led to unhealthy pollution levels.

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Also posted in Air Quality, Natural Gas, Wyoming / Comments are closed

As L.A. temperatures rise, so does interest in cleaner air and cleaner energy

This blog was co-authored by Annie Cory, Princeton Environmental Institute (PEI) Intern for EDF’s Oil & Gas Program

Just like many cities that have experienced record high temperatures in 2018, Los Angeles was hit with a heat wave of record proportions in early July, with temperatures topping 113 degrees in several parts of the county. As air conditioners across the region struggled to keep up, the heat pushed our energy grid over the brink, with blackouts leaving at least 80,000 Angelinos sweltering without electricity.

Such elevated temperatures are not typical for Los Angeles. Yet weather events like these are becoming both more frequent, and more intense. Burning more fossil fuels, of course, only compounds the warming problem.

To put a dent in the causes and impacts of man-made climate change, cities, states and nations will need to implement a portfolio of solutions aimed at cutting carbon across the board and boosting the resiliency of our energy grid. By increasing the share of renewable energy used to power our homes and businesses, and incentivizing technology like battery storage while expanding focus on energy conservation, the threat of blackouts can be greatly diminished during hot summer days.

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Also posted in Air Quality, California, Clean Energy, Climate, Energy Equity, Natural Gas, Renewable Energy, Solar Energy / Tagged , | Comments are closed

On pollution facts, don’t be fooled by rhetoric of oil and gas trade groups

Once again, a trade group funded by the oil and gas industry is trying to distort the facts on the industry’s pollution.

In a recent blog post, Texans for Natural Gas cherry picked government data in an attempt to argue against the need for policies that protect public health and the environment.

Posts like this – which take select pieces of data in order to make broad generalizations about industry’s progress toward reducing pollution – often fail to tell the whole story about the harmful emissions that warm the planet, jeopardize public health, and result in the massive waste of U.S. energy resources.

When reading industry-sponsored pollution assessments, there are a few crucial things to keep in mind.

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Also posted in Air Quality, BLM Methane, Natural Gas / Comments are closed

The race to reduce emissions: Five takeaways from OGCI venture day

The day before the World Gas Conference – one of the energy industry’s largest – 10 companies competed for USD $20 million to fund solutions with the power to disrupt how methane is managed, measured, and reduced.

The money was provided by Oil and Gas Climate Investments, the billion-dollar investment fund tied to the Oil and Gas Climate Initiative (OGCI) – a consortium of 10 oil and gas companies sharing knowledge and resources to cut the greenhouse gas footprint of their industry.

OGCI’s investment team and technical experts from member companies provided expertise and consumer-driven insights to select the 10 companies competing at Venture Day from nearly 60 applicants. The goal was to highlight companies and concepts that aren’t just innovative, but scalable and disruptive – something BP CEO and OGCI Chair Bob Dudley made clear: “If a person in the field with a hard hat turning the valves doesn’t get it, it won’t work.”

Not only was Venture Day a moment to showcase how high-tech can be high-impact (despite the companies in the room, it felt more Silicon Valley than Houston), it also represented a noticeable shift in the philosophy around industry investment in the methane space. In what OGCI CEO Pratima Rangarajan dubbed “the year of methane,” Venture Day signaled an inflection point for increased transparency, enhanced coordination, and global vision.

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Also posted in General, Natural Gas / Comments are closed

California sets new standards for natural gas storage sites

Data visualization shows the methane plume from the Aliso Canyon gas leak in red.

Three years ago, a blowout at the Aliso Canyon natural gas storage facility forced thousands of nearby families to evacuate their homes and leaked over 100,000 tons of methane and other harmful pollutants into the atmosphere. The facility’s operator, Southern California Gas, wasn’t prepared for the scope or scale of the disaster that unfolded over four months.

The disaster demonstrated the risks of under-regulated natural gas storage sites, as well as the importance of not being over-reliant on natural gas. Regulators in California and across the country realized the need for better oversight and management.

As a result, California’s Division of Oil, Gas and Geothermal Resources (DOGGR) recently finalized new rules for managing the risky, industrial enterprise of underground gas storage. These rules are a foray into an underdeveloped policy space, and are the product of collaboration with stakeholders including national laboratories, the environmental community, and the federal government.

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Also posted in Aliso Canyon, California, General, Natural Gas / Tagged | Comments are closed