Energy Exchange

Lack of standards could undermine global hydrogen market before it gets started

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.

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Posted in Methane regulatons / Comments are closed

New study underscores need for better methane measurement and strong regulations

New research reveals methane emissions from Saskatchewan’s oil and gas industry are much higher than previously thought. Fortunately, the Trudeau government has a tremendous opportunity to address this problem as it crafts next year’s federal budget and demonstrates its commitment to ratchet down climate pollution.

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Also posted in Air Quality / Comments are closed

The Inflation Reduction Act is a game-changer on methane. Here’s why.

By Edwin LaMair and Grace Smith

The US Congress recently passed the Inflation Reduction Act of 2022, which takes bold action to address the climate crisis. Multiple independent analyses show the bill could reduce U.S. greenhouse gas emissions 40% below 2005 levels by 2030, providing important support for President Biden’s goal of halving emissions by 2030.

Last week, the EPA requested public input on a key provision of the IRA — the Methane Emissions Reduction Program, MERP, — which works hand-in-hand with forthcoming EPA rules to cut methane from oil and gas operations through a fee on wasteful emissions.

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Also posted in Air Quality, Methane / Comments are closed

S&P Global Analysis Says Industry’s Wasted Gas Could Bring Quick Relief to Energy Market

Russia’s war on Ukraine has sent painful shockwaves through global gas markets — not only in Europe but across Asia and in developing economies that can least afford it. The crisis is accelerating efforts to transition to cleaner, safer, more reliable energy, while setting off a scramble for new gas supplies to backfill what once came from Russia. How to meet that near-term need without a massive new infrastructure buildout that would undermine climate goals and risk stranding billions in capital? One key solution – identified by EDF, the International Energy Agency and others — lies in the vast amounts of gas currently wasted by the oil and gas industry through flaring, leaks and other emissions.

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Also posted in Flaring, General, Methane / Comments are closed

Key things we learned from studying methane in the nation’s largest oilfield 

By Ben Hmiel and Jon Goldstein

After three years of actively collecting methane emissions data in the Permian Basin, researchers have gained new insights that will make it easier to reduce emissions of the incredibly potent greenhouse gas methane. These insights are helping inform state and federal regulatory approaches at a critical time. 

Download the final report.  Read More »

Also posted in Flaring, General, Methane, PermianMAP, Texas / Tagged | Comments are closed

Unreported pollution: What new research reveals about Canada’s methane problem

By Scott Seymour and Ari Pottens

Canada has set arguably some of the most ambitious goals of any country when it comes to reducing emissions of the potent greenhouse gas methane. In addition to joining a global coalition of countries pledging to reduce 30% of their methane emissions, Canada has also vowed to reduce oil and gas sector emissions even further, by 75%.

But how close is Canada to reaching that goal? New research published this week in the journal Elementa reveals it is almost impossible to accurately answer that question with our current policies.

Here’s why.

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Also posted in Air Quality, Methane / Tagged | Comments are closed