By Adam Peltz and Elizabeth Lieberknecht
Recently, Louisiana, under the leadership of Gov. John Bel Edwards, became the latest state taking action to curb pollution and waste from oil and gas production. In a new proposal, the state says it will limit natural gas venting and flaring and attempt to reduce the risk of thousands of idle wells becoming orphaned. Both actions will help create jobs, protect taxpayers and safeguard the environment. Here’s how.
By Nini Gu
On Thursday, July 20th we saw a major shift in how methane emissions from oil and gas sources can be regulated, and to no one’s surprise it came from the nation’s leading state on this issue: Colorado.
By Ari Pottens and Maureen Lackner
New research confirms that cutting methane emissions from the oil and gas sector is one of the fastest and most affordable steps Canada can take to help address the climate crisis. According to the report by Dunsky Energy + Climate Advisors, Canada’s upstream oil and gas companies can eliminate 75% of their methane emissions at an average cost of about $11 per tonne.
This is one of the biggest bargains that exists when it comes to climate solutions. For example, were oil and gas companies subject to Canada’s entire carbon price, they would need to pay $65 per tonne of carbon pollution they create. By 2030, this figure will rise to $170 per tonne. Meanwhile, technologies that can directly capture carbon dioxide from the atmosphere are estimated to cost between $125 and $335 USD per tonne, an astronomical figure compared to methane abatement. Read More
By Ari Pottens and Scott Seymour
It’s no secret that the rampant, out-of-control wildfires which are devastating parts of Canada and creating toxic air quality conditions for millions of people, are exacerbated by climate change. This makes it all the more crucial to rapidly reduce the greenhouse gases behind the climate crisis.
In 2020, Canada’s federal government implemented new regulations to stem the methane emitted from the oil and gas industry — the leading source of methane in the country. The protections were intended to help cut emissions by 40% – 45% by 2025. Subsequently, the federal government significantly increased its methane ambition and set a 75% reduction goal by 2030.
But a new study is revealing some problems with the way Saskatchewan is managing emissions from a very specific type of oil production known as Cold Heavy Oil Production with Sand. It just so happens that a lot of gas, most of which is methane, also comes out during this process. Read More
By Adam Peltz & Kate Roberts
This week, the Department of the Interior announced nearly $660 million in grant funding to plug orphan wells across the U.S., adding to $560 million in initial funding from last summer. The news comes on the heels of new research led by researchers at McGill University and EDF experts that quantifies the extent of the orphan well problem this funding will begin to tackle.
The study found that at least 4.6 million people are living within about a half mile of an orphaned oil and gas well. Published in June 2023 in Environmental Research Letters, the study examined the environmental risks of orphaned wells and how plugging or repurposing wells could play a role in the transition to net zero. An additional key finding is that many essential technical details about this well set, like depth and condition, and environmental impacts, including methane emission rates and whether they have caused groundwater contamination, are largely unknown.
By Morgan Rote
Governments and industry around the world are wagering big on hydrogen to solve the climate and clean energy challenge.
But woefully insufficient global progress toward establishing strong climate, safety, social and sustainability standards is threatening to compromise the hydrogen market before it has a chance to get started.
With the looming threats posed by a rapidly warming climate, it’s a gamble of both time and money that we can’t afford to lose. It’s not just a matter of squandered resources; get it wrong enough, and we could even make the climate problem worse. Which means that before we roll these dice, it’s critical to have a set of commonly accepted standards to weigh our bets.
