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National clean air protections are in jeopardy of going away, but Pennsylvania can be protected

Source: Bob Donaldson, Pittsburgh Post-Gazette

Governor Tom Wolf and the Pennsylvania Department of Environmental Protection (DEP) recently announced plans to control harmful smog-forming emissions from the state’s existing oil and gas sites. There’s just one problem: their plan is based on national clean air guidelines that are now under attack by President Trump’s EPA. However, by changing this plan, and creating strong state-led policies, Governor Wolf can ensure Pennsylvania remains in control of its own clean air protections.

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In his efforts to delay the EPA methane rule, Pruitt rejects American ingenuity

We hope our leaders have the public’s best interest in mind. Unfortunately, instead of using sound science, EPA Administrator Scott Pruitt appears to be making decisions based on the influence of the worst actors in the oil and gas industry.

Although in his recent Congressional testimony he said the outcome of his proposal to suspend and possibly roll back EPA’s methane rule is yet to be determined, the way he justifies the delay of these standards shows he lacks confidence in American industry’s ability to rise to a challenge. Specifically, Pruitt wants to suspend EPA’s New Source Performance Standards for 2 years longer (beyond the one year phase-in already provided by the Rule).  He suggests that this extended suspension is justified in part because he says that the leak detection and repair industry isn’t capable of meeting the rule’s provisions requiring oil and gas companies to check for and repair methane leaks twice a year.

But Pruitt hasn’t provided any support for these claims and they are totally inconsistent with the engineers, servicemen, and tech developers already providing the services needed to find and fix these leaks.  His argument also flies in the face of how our economy has innovated for centuries. Read More »

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Five things to watch as industry tackles methane in 2018

As we close out 2017, we are energized by successes in our work with oil and gas industry partners. And as we look forward to a new year and a fresh start, here are five things we’ll be looking for as industry leaders step up methane action in 2018.

  1. Target setting

This year, 10 leading companies through the Oil and Gas Climate Initiative supported the ambition of achieving “near zero” methane emissions, and committed to set quantitative methane targets in 2018. This was an important and welcome moment as CEOs upped their methane pledge. 2018 will be a key year for follow through in establishing and announcing those targets. We will look for targets that are ambitious, innovation-forcing, and linked to credible plans for verification. We will also look that this action addresses emissions from both oil and gas production, as the International Energy Agency’s data shows that more methane emissions comes from oil production than from gas production. Read More »

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Four takeaways for investors from methane disclosure report

Two big developments this month suggest that investor interest in climate-related financial risk is at an all-time high. The first is Climate Action 100+, a new initiative led by Ceres and 225 investors with more than $26.3 trillion in assets under management to strengthen climate-related financial disclosures among the world’s largest corporations.

As investors work to increase reporting on climate risk, methane emissions will be top of mind. Methane, the main component of natural gas, is 84 times more potent than carbon dioxide when released to the atmosphere over a 20-year period – and is responsible for 25 percent of the warming we’re experiencing today. Read More »

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Growing opportunity for China/US collaboration on reducing oil & gas methane emissions

By Zhang Jianyu, China Managing Director, and Mark Brownstein, Vice President, Climate & Energy

Every November, the International Energy Agency publishes its annual World Energy Outlook – a comprehensive assessment of the economic, technological and geopolitical trends shaping world energy markets. That makes it essential reading for anyone interested in preserving the Earth’s climate. This year’s edition offers especially valuable insight into U.S. and China energy trends.

There is little doubt cleaner energy will play a huge role in China’s ongoing development. It is equally certain that China’s energy choices will have enormous effect on energy systems worldwide. The U.S., meanwhile, is becoming a dominant oil and gas producer, and vying for expanded export markets. As the world’s two largest energy users (and greenhouse emitters), both have a climate challenge to solve.

The issue is increasingly important as the two countries’ energy ties grow. Following President Trump’s November China visit, for example, preliminary steps were announced on several multi-billion-dollar initiatives, including the China Energy Investment Corporation plans for a shale gas and chemical project in West Virginia, and an agreement between Cheniere Energy and China National Petroleum Corp for a long-term LNG sales and purchase cooperation. Read More »

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A rare opportunity to improve the health of Mexico’s environment and economy

This post originally appeared in Spanish on El Universal.

Not often is a pollutant referred to as an environmental and economic opportunity. But that’s exactly what methane is for countries looking for cost-effective climate solutions and a way to prepare for the 21st century energy economy. And it’s especially important for Mexico right now, as changes in energy laws have opened the doors to a slew of new exploration projects that could reshape Mexico’s oil and gas industry and boost economic growth through 2025.

Methane is the main ingredient of natural gas. When burned, natural gas emits less carbon dioxide than other fossil fuels. But when it escapes unburned, as it does across the global oil and gas industry, methane is 80 per cent more powerful a heat-trapper than carbon dioxide in the short term. Methane also contributes to local air pollution, including smog, and the health impacts that come with it. It’s not just countries that are aware of this. A growing number of investors and energy companies are responding to the reputational threat of uncontrolled methane emissions.

Released last week, the International Energy Agency’s latest World Energy Outlook articulates the methane challenge very powerfully. Its analysis shows that with current technologies the oil and gas industry can drastically reduce methane emissions by 75 percent worldwide – and that up to two thirds of those reductions can be realized at zero net cost. What’s more, the IEA says that just the cost-effective reductions would have the same climate impact in 2100 as immediately closing all the coal plants in China.  Read More »

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