Energy Exchange

Faith-Based Investors Call on Exxon, Valero and Others to Support Methane Regulations

ICCR logoSince the president announced in January a national goal of reducing methane emissions from the oil and gas industry nearly in half by 2025, an outpouring of voices has supported the move. Now, EPA has proposed rules to help meet that target, and we’ve seen another wave of support – everyone from editorial boards in the heart of oil and gas country to massive investors like California’s pension funds has recognized that the rules are a manageable, commonsense means for reducing methane pollution.

The one voice that’s been silent? The companies with the opportunity to adopt the proven, cost-effective technologies and services to not only reduce pollution but also prevent the waste of the very energy resource they’re producing. Now another voice has emerged to make the case directly to these companies that it’s worth constructively engaging in the rulemaking process: the Interfaith Center on Corporate Responsibility (ICCR), a group of shareholders dedicated to promoting environmentally and socially responsible corporate practices. Read More »

Also posted in General, Natural Gas / Comments are closed

Broad Set of Voices Agree: EPA’s Proposed Methane Pollution Standard is Common Sense

Last month, the Environmental Protection Agency (EPA) proposed the first-ever nationwide standards to reduce methane pollution from the oil and gas industry. It’s a common sense move: With its potent global warming power and low-cost solutions, cutting methane is the biggest bargain for greenhouse gas reductions in the energy business.

The array of supporters speaking out in favor of the proposal underscores just how smart, practical and doable EPA’s move is. Applause has come from voices as diverse as citizens impacted by oil and gas development and investors to government leaders in the heart of oil and gas country.

Here’s just a sample of the voices we’ve heard over the past two weeks:

Communities in the Crosshairs

Methane is a potent climate forcer, but it also carries with it serious health impacts because it’s emitted alongside toxic and smog-forming pollutants. Read More »

Also posted in Natural Gas / Read 1 Response

New Poll: U.S. Latino Communities Overwhelmingly Support Clean Air Protections

latinopollPoliticians and political observers are increasing the amount of time spent trying to figure out how to engage with Latino voters – a large and growing part of the American electorate. Issues such as immigration reform usually dominate the discussion nationally, but a new poll from the national polling firm Latino Decisions shows that clean water and healthy air are also of utmost importance for Latinos.

According to their poll 85% of those surveyed found reducing smog and air pollution to be extremely or very important, compared to 80 percent for comprehensive immigration reform.

This comes as no surprise to those of us that are rooted in this community where issues of the health of our communities and families are often top-of-mind around the dinner table.  In reality, it also comes as no surprise to decision makers who have listened to our communities, and know Latinos have rich ties to the outdoors, but are too often the first and worst impacted by pollution. Read More »

Also posted in Air Quality, California, Clean Energy, Clean Power Plan, Climate, Colorado, Natural Gas / Tagged , , , , , , , , , | Comments are closed

EPA Methane Rule: A Good Start Toward Meeting Administration’s Landmark Goal

The U.S. Environmental Protection Agency took a big step this week, announcing the nation’s first methane pollution standards for the oil and gas industry. But to understand the impact of these new draft rules, it’s important to look at what they do – and what they don’t – and measure them against the nation’s bold but readily achievable goals set out by the Obama administration earlier this year.

The president’s target of reducing methane emissions by 40 to 45 percent in the next decade is historic – currently there are no national limits on methane pollution from the oil and gas industry. It’s also critical to protecting the climate and public health – methane packs more than 80 times the warming power of carbon dioxide over a 20-year timeframe, and is released along with other toxic pollutants.

The scale of the problem is massive, with industry releasing more than 7 million tons of methane each year. It could also be even bigger than we realize. A new study published just this week reported unrecorded methane emissions from thousands of facilities in only one part of the supply chain. It concluded gathering facility emissions were eight times higher than estimated, a staggering figure that if included in EPA’s inventory would increase current estimates of total industry emissions by 20 percent. Read More »

Also posted in Natural Gas / Comments are closed

Game Time for Fixing The Gas Industry’s Achilles Heel

By  Ben Ratner and Sean Wright

GametimeAs the dog days of summer expire and football season approaches, many sports fans will anxiously scan their favorite team’s rosters for training camp injuries–finding everything from the innocuous, to the dreaded torn Achilles that already sidelined several pro players for the season’s start.

When it comes to the energy industry, methane emissions loom as the Achilles heel of natural gas. On the surface, natural gas appears to many as a star American player – abundant and cleaner burning than coal.

But unchecked methane emissions, which are 84 times more potent than CO2, undercut natural gas’ climate change performance. Read More »

Also posted in Climate / Tagged , | Comments are closed

Study Reveals Vast Unrecorded Oil and Gas Industry Methane Emissions

G&PimagesUPDATEDA new study published today reveals that facilities that collect and gather natural gas from well sites across the United States emit about one hundred billion cubic feet of natural gas a year, roughly eight times the previous estimates by the U.S. Environmental Protection Agency for the segment. The wasted gas identified in the study is worth about $300 million, and packs the same 20-year climate impact as 37 coal-fired power plants.

Until now, emissions from thousands of gathering facilities – which consolidate gas from multiple wells in an area and feed it into processing plants or pipelines – have been largely uncounted in federal statistics, yet they may be the largest methane source in the oil and gas supply chain. Indeed, the newly identified emissions from gathering facilities would increase total emissions from the natural gas supply chain in EPA’s current Greenhouse Gas Inventory by approximately 25 percent if added to the tally.

The study was conducted by scientists at Colorado State University and published today in Environmental Science & Technology.

EPA doesn’t track emissions from gathering facilities separately from production activities, and there have been no estimates and almost no research on them until now. One reason prior emissions estimates are so uncertain is because the number of facilities was completely unknown. Without conducting a full census, the CSU researchers were able to put the figure at between 3,846 and 5,470 facilities – a wide range, but far better than the guesswork than existed previously. Read More »

Also posted in Natural Gas / Comments are closed