Energy Exchange

EDF, Google Earth Outreach and the Most Innovative Trend in Environmental Protection

By Fred Krupp / Published: July 16, 2014

Source: Matthew Grimm

Not so long ago, people who worried about pollution in their local environment had few options. Getting answers required hands-on testing by trained experts with specialized equipment, or finding and sifting through scarce, hard-to-come-by data.

Today all of that is changing. A convergence of tech trends – inexpensive sensors, cloud computing and data analysis, and social media – is transforming environmental protection by giving people and organizations like Environmental Defense Fund the ability to collect and analyze huge amounts of information, then publish results for all to see.

Three cars, 15 million readings

We launched one of these powerful projects today.

Thanks to a partnership with Google Earth Outreach, EDF has mapped thousands of natural gas leaks beneath three American cities – Boston, Indianapolis, and New York City’s borough of Staten Island. Using three of the company’s famous Street View cars equipped with special sensors, we gathered millions of individual readings over thousands of miles of neighborhood streets.

The maps are available now, with many more to come. Read More »

Also posted in Clean Energy, Natural Gas / Comments are closed

Methane emissions: the weak link in California’s climate plan

By EDF Blogs / Published: July 14, 2014

By Andy Wunder, Policy Intern, US Climate and Energy Program

Nearly seven years ago, the California Air Resources Board (CARB) adopted a 5-year plan to reduce climate pollution in the state. In this 2008 Scoping Plan, measures were outlined reflecting the need to cut methane pollution from oil and gas operations. Though CARB has demonstrated commitment to addressing this urgent issue the need to take action as soon as possible is becoming increasingly clear.

Source: Wikipedia/Makaristos

The Value of Action

Addressing methane emissions is critical. Oil and natural gas production continues to expand rapidly in the United States – and with it the potential for climate-destabilizing methane emissions. Unburned natural gas is primarily methane, a powerful greenhouse gas. Data from the Intergovernmental Panel on Climate Change (IPCC) suggests over the first twenty years after it is released into the atmosphere, methane is 84 times more potent than carbon dioxide (CO2) in trapping heat at the Earth’s surface. Methane leaks across the entire natural gas supply chain–from extraction to distribution—and these leaks represent a significant threat to our climate. Read More »

Also posted in Natural Gas / Comments are closed

Wyoming’s Opportunity to Head off Pollution at the Pass

By Jon Goldstein / Published: July 11, 2014

$frackingwyo_92689731_rf_0$ Yesterday we explored how Wyoming regulators and Governor Mead are making progress on a set of potentially strong air pollution measures in Pinedale and across the Upper Green River Basin of Southwestern Wyoming.

But today a similar drilling boom is happening in Converse and Campbell counties in the northeast area of the state. Unfortunately, none of these strong, sensible new air pollution requirements apply in these areas.

The numbers are stark. A full 80 percent of the current drilling in Wyoming is occurring out in the part of the state with the least restrictive air quality controls. The U.S. Bureau of Land Management is currently beginning a process to consider as many as 5,000 new oil and gas wells in Converse County alone, and equal or greater drilling activity is expected in neighboring Campbell County over the next decade.

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

Goldman Sachs Supports Methane Policy, and Why it Matters

By Ben Ratner / Published: July 10, 2014

Source: Shutterstock

Good energy policy ideas can come from all corners, and Wall Street is no exception.

Goldman Sachs recently served up a powerful case for action on methane in a stroke of market logic grounded in data. In a recent report, the investment bank argues that environmental regulation is more than a necessary evil when it comes to oil and gas development – it’s a vital enabler for economic growth.

There’s power in diverse groups coming together.

Goldman’s insight for the U.S. oil and gas industry – that the current environmental policy vacuum is a major cause of investor queasiness – suggests that markets can help drive environmental progress. Read More »

Also posted in General, Natural Gas / Read 6 Responses

Financial Sector Focuses on Risks from Methane

By EDF Blogs / Published: July 2, 2014

By: Sean Wright, Senior Analyst, Corporate Partnerships

Source: Ash Waechter

Environmental concerns about methane emissions continue to grow as more people understand the negative climate implications of this incredibly potent greenhouse gas. Now the financial community is taking note of not only the environmental risks but the impact of methane emissions on the oil and gas industry’s bottom line. Methane leaks not only pollute the atmosphere, but every thousand cubic feet lost represents actual dollars being leaked into thin air—bad business any way you look at it.

Last week the Sustainability Accounting Standards Board (SASB)—a collaborative effort aimed at improving corporate performance on environmental, social and government issues—released their provisional accounting standards for the non-renewable resources sector, which includes oil and gas production.

These accounting standards guide companies on how to measure and disclose environmental, social, and governance (ESG) risks that impact a company’s financial performance. Their work highlights the growing demand amongst investors and stakeholders for companies to report information beyond mere financial metrics in order to provide a more holistic view of a company’s position.

Read More »

Also posted in Energy Financing, Natural Gas / Tagged Finance, Methane, Natural Gas | Read 4 Responses

Methane leaks need to be a thing of the past, and Sacramento is taking a step in the right direction with SB 1371

By Larissa Koehler / Published: June 24, 2014

California has more than 100,000 miles of often-aging natural gas transmission and distribution infrastructure. Methane, the primary component of natural gas, when vented or allowed to leak into the air is 84 times more potent than carbon dioxide at contributing to climate change over a 20-year timespan. In addition, according to data from the Intergovernmental Panel on Climate Change, more than one-third of today’s human-caused global warming comes from short-lived climate pollutants that include methane. Taken together, this data shows how critically important it is to minimize natural gas leaks quickly.

Senate Bill (SB) 1371, authored by California State Senator Mark Leno, aims to cut methane pollution from California’s gas transmission and distribution system by requiring the Public Utilities Commission to get more aggressive in requiring utilities to find and fix natural gas leaks. Yesterday, SB 1371 passed a critical vote in the State Assembly and is well on its way toward final passage later this summer.

What does SB 1371 do? Put simply, SB 1371 changes the way utilities respond to natural gas leaks. Read More »

Also posted in California, Clean Energy, Climate, General, State / Comments are closed