Energy Exchange

Oil & gas CEOs up their methane pledge: Here’s what to watch for as promises turn to action

By Ben Ratner / Published: October 27, 2017

This post was co-authored by Drew Nelson. 

The CEOs of ten leading oil and gas companies today announced intentions to move toward “near-zero” methane emissions, pledging to set a quantitative reduction target by this time next year. At first blush, it might sound like a modest step – a promise to make a promise. In fact, the CEOs announcement constitutes an important and welcome recognition that oil and gas methane emissions impact the climate, are too high, and must be reduced. The new pledge comes just days after the International Energy Agency previewed its analysis showing that methane is a “critical issue for the long term natural gas outlook” and steep emission reductions are possible with today’s technology, and enormously cost effective.

From Social Issue to Business Issue

The 10 companies, which together are responsible for 20 percent of global production, joined forces three years ago to form the Oil and Gas Climate Initiative. Last year, they invested $1 billion to accelerate commercial deployment of low carbon energy technologies. The new pledge is the next important step on the road to decarbonizing their operations, with methane playing a central role. Read More »

Also posted in Climate, Natural Gas / Tagged | Comments are closed

Three reasons Westerners are fighting to defend federal methane waste standards

By Jon Goldstein / Published: October 24, 2017

Westerners are a hardy bunch. They are used to working through adverse conditions and making the best of what the land provides. That includes fighting to defend requirements from the U.S. Bureau of Land Management that are designed to cut wasted natural gas and maximize revenue for community projects. This is despite repeated attempts from the Trump Administration to undercut these regulations and sell taxpayers short.

Here are three reasons communities and individuals from across the Mountain West are fighting to defend methane waste rules:

  1. Westerners hate waste: $1.8 billion and counting. That’s the value of taxpayer-owned natural gas that has been wasted since 2013 when the BLM began developing a new set of standards to address this problem. The rules finalized last November would help cut that waste and recover millions more in tax and royalty revenues for the western communities faced with impacts from oil and gas development that need it most.

Read More »

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

Innovative satellite launched for monitoring global methane and air quality

By EDF Blogs / Published: October 17, 2017

By Ritesh Gautam and Steven Hamburg

Artist’s rendition of TROPOMI onboard Sentinel-5P satellite. Source: European Space Agency.

Last Friday, the European Space Agency Sentinel-5p satellite went into orbit above the earth. Onboard is an imaging spectrometer instrument called TROPOMI, led by SRON (Netherlands Institute for Space Research) and KNMI (Royal Netherlands Meteorological Institute) to monitor the amount of methane, ozone and other air quality-related pollutants in the atmosphere.

There has been quite a buzz around this unique advancement in space, and the valuable data it will provide on methane, a powerful greenhouse gas that accounts for a quarter of the warming our planet is experiencing today. Curbing anthropogenic methane emissions is one of the most efficient and economical options available to slow the rate of warming over the next few decades, while efforts continue to reduce CO2 emissions worldwide.

Detecting methane from space

Methane sources include both natural and manmade emissions from livestock, agriculture, oil and gas operations, and landfills. These sources are distributed around the world and vary widely at local, regional and temporal scales—which makes it challenging to quantify emissions from diverse sources. Read More »

Also posted in Climate, Natural Gas / Comments are closed

Vastly underreported emissions in Alberta’s oil patch reveal excessive natural gas waste

By Drew Nelson / Published: October 17, 2017

Alberta’s oil and gas industry is emitting at least 25 to 50 percent more methane than current estimates suggest, according to a new peer-reviewed study. Published in Environmental Science and Technology, a clear pattern of energy waste is occurring across Canada – a problem worth a minimum of $530 million dollars (CAD) of natural gas a year, or enough gas to heat nearly every home in Alberta.

Researchers indicate that the volumes of methane – the main ingredient in natural gas and a powerful climate pollutant – observed in Alberta are higher because two key emission sources, unintentional leaks and intentional venting of methane, are happening at rates much larger than the oil and gas industry reports.

This is not the first scientific study to draw this conclusion. The Carleton University research builds on previous studies underscoring the climate risks of an unabated methane gas problem, but widespread leaks and persistent venting are making the problem worse. Canada’s oil and gas industry is already the country’s largest source of methane emissions.

Aside from the energy loss and climate concerns, numerous pollutants laced with these emissions are known to degrade air quality, worsen smog and harm public health. Yet, many low-cost solutions are in hand to solve this problem. Read More »

Also posted in Natural Gas / Comments are closed

A timeline of Zinke’s crusade against methane rules

By Dan Grossman / Published: October 16, 2017

Here’s a newly-minted cabinet secretary charged with managing 20 percent of the American landscape on behalf of taxpayers and 567 Native American tribes – presented with an opportunity to save his stakeholders millions without lifting a finger.

Interior Secretary Ryan Zinke, inexplicably, is rejecting this broad public relations win to instead go to bat for the worst actors in the oil and gas industry who only focus on their own short-term bottom line.

Zinke is trying with all his might to halt an Obama-era rule that will reduce wasteful leaking, venting and flaring of natural gas on federal and tribal lands.

On the lands in Secretary Zinke’s charge, oil and gas companies waste around $330 million worth of natural gas annually. That’s enough gas to meet the heating and cooking needs of 1.5 million American homes – or every home in Chicago.

Such waste on land administered by Interior’s Bureau of Land Management also results in the needless emission of methane, volatile organic compounds and hazardous air pollutants, all of which are threats to human health and the environment. Read More »

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

What’s new for the EPA’s Greenhouse Gas Reporting Program?

By David Lyon / Published: October 9, 2017

This week, the U.S. Environmental Protection Agency posted the 2016 Greenhouse Gas Reporting Program (GHGRP) data online. While there are positive trends in the type of data included and the ways that data are measured, the general picture is of an industry with many remaining opportunities to reduce emissions.

The GHGRP is an emissions reporting program for large facilities that emit more than 25,000 metric tons carbon dioxide equivalents (MT CO2e) of methane and other greenhouse gases into the atmosphere. The data provided by the GHGRP are invaluable for understanding the sectors and sources responsible for GHG emissions and can guide the design of effective policies for reducing emissions.

Additionally, EPA has been incorporating GHGRP data into the Greenhouse Gas Inventory, an annual report that estimates U.S. GHG emissions. In 2016, 7,631 facilities reported emitting almost 3 billion MT CO2e GHGs. After power plants, which are responsible for 63% of reported emissions, the oil and gas (O&G) sector is the largest source of GHG emissions. This year there are three major changes to the reporting protocols for oil and gas facilities. Read More »

Also posted in Natural Gas / Comments are closed