Energy Exchange

Methane Mitigation Sector: EPA Actions Good for Industry, Will Curb Waste, and Protect Communities

By Sean Wright / Published: January 16, 2015

A rising chorus of companies in the oil & gas services sector are adding their voices to the majority of Americans who think it’s a smart idea to limit vast waste of methane taking place every day in the nation’s the oil and gas operations. These companies in the methane mitigation industry are experts in finding and fixing methane waste. They issued statements welcoming the EPA’s announcement of planned rules aimed at reducing methane emissions from the oil and gas value chain.

As the ones who are working overtime to provide technologies and services to minimize release of methane and other pollutants throughout the natural gas value chain, these companies see limiting methane emissions as smart business for the oil and gas industry.

Consider their remarks:

“Rebellion Photonics welcomes today’s announcement from the EPA regarding its methane plan. It is a positive step towards ensuring we minimize emissions of methane, a short-term climate forcer, from the US oil and gas value chain. America’s shale revolution holds vast potential to both power our economy and drive environmental gains. Limiting the amount of methane that leaks from natural gas equipment ensures that we will maximize the environmental benefits of America’s plentiful natural gas resources,” said Rebellion Photonics, a manufacturer of specialized cameras that detect methane leaks.

Also posted in Methane / Comments are closed

Dope Deal: Wall Street Journal Falls for Methane “Facts” Cooked by Industry

By Mark Brownstein / Published: January 6, 2015

Source: flickr.com/photos/earthworks When credibility is your stock in trade, it’s important to have your facts straight. On Monday, the Wall Street Journal blew it.

In an unsigned opinion piece dubbed “Meth Heads in the White House,” the paper dismisses plans expected to be announced by the Obama administration in the next few weeks that would start to tackle the huge amount of methane leaking from America’s oil & gas production facilities.

The question is a significant one, because – as the article notes in passing – methane is an extremely potent greenhouse gas (in point of fact, packing more than 80 times the warming power of carbon dioxide over a 20 year time frame). According to EPA data, oil & gas operations emit roughly 8 million metric tons of unburned methane annually, enough gas to heat nearly 6 million homes. Read More »

Also posted in Climate, Methane / Tagged Climate, Methane, oil and gas | Comments are closed

Why Falling Oil Prices Don’t Hurt Demand for Renewable Energy

By EDF Blogs / Published: January 5, 2015

By: Victor A. Rojas, Senior Manager, Financial Policy, and Paul Stinson, Program Coordinator

It’s understandable that many people would look at falling oil prices and wonder what it might mean for clean, renewable energy sources. Some recent headlines even suggest that cheaper crude might spell doom for the burgeoning clean energy economy.

Over the last six months, the price of crude oil has fallen by about 40 percent, currently trading below $60 a barrel, the lowest it’s been since 2009. Continuing global production and oversupply mean oil prices could remain low through the winter months and well into 2015.

While it’s true that stocks for some of the more trusted, clean energy investments are being dragged down by dipping oil prices, it doesn’t mean demand for clean energy is also suffering. In fact, as oil prices have tumbled, demand for energy efficiency and renewable energy only keeps growing.

Oil can mean energy, but energy doesn’t mean oil

The historic correlation between the price of oil and the demand for renewable energy has been increasingly weakened in today’s global markets. Like apples and oranges, we use oil and renewables to make completely different types of juice: oil primarily to produce transportation fuels, and renewables primarily to generate electricity. From an economics perspective, oil and renewables are not substitutes: when the price of one decreases, demand for the other does not decrease. Read More »

Also posted in Clean Energy, Energy Financing, Investor Confidence Project, Renewable Energy / Read 1 Response

We need strong national methane rules. Here’s how we get there.

By EDF Blogs / Published: December 22, 2014

By Karin Rives, EDF’s editorial manager and editor of the EDF Voices blog

New York’s statewide ban on fracking is a vindication for communities around the country that have been hit hard by unconventional natural gas production, writes Fred Krupp, Environmental Defense Fund’s president, in a Dec. 22 op-ed piece in The Washington Post.

It demonstrates what can happen when oil and gas producers erode public trust by brushing aside legitimate questions – and reinforces the urgent need for strong, sensible regulation.

The growing controversy surrounding our natural gas industry has created a decisive moment for President Obama.

As the administration prepares a policy to reduce methane emissions from the oil and gas sector, the president has an opportunity to cut both energy waste and climate pollution – in addition to protecting the ecosystem and public health.

In a second op-ed piece published Dec. 17 in The Hill, Fred lays out five principles that should guide the national methane standards the Obama administration is expected to announce soon: Read More »

Also posted in Climate, Methane / Read 1 Response

America Agrees That It’s Time to Act on Methane Pollution From Oil and Gas

By Jeremy Symons / Published: December 18, 2014

There’s not much in Washington these days that Americans can agree on. But a new poll released last week by the American Lung Association found that a large majority of voters would support EPA regulations requiring the oil and natural gas industry to cut methane pollution in half by 2020.

This comes as EPA nears a decision – likely in the coming weeks — on whether to tackle the growing problem of unregulated methane pollution from the oil and gas sector. It’s a big decision. Reducing methane pollution from the oil and gas sector by half would save close to $1 billion a year in wasted energy and, over a 20-year time frame, cut climate pollution equivalent to closing about 90 coal-fired power plants.

The new poll of 1,000 voters, conducted by a bipartisan team of pollsters, also shows that public support for the Environmental Protection Agency and for strong clean air laws are as high as ever. GOP leaders should take note as they take over in Congress: voters believe, by a 3-to-1 margin, that the EPA, not Congress, should be setting pollution standards. That includes a 2-to-1 margin among Republican voters. So while the polluter lobby clamors for more political interference from Congress, the public wants the non-partisan EPA to be left alone to do what it is supposed to do.

The reasons that Americans support these policies are not new. Read More »

Also posted in Air Quality, Methane / Read 1 Response

No Easy Answers When Disposing of Oil and Gas Wastewater

By Scott Anderson / Published: December 12, 2014

We all want easy answers. And often times the harder the question, the easier we want the answer to be.

Increased natural gas use, for example, can help decrease U.S. greenhouse gas emissions as it has a lower carbon content compared to coal or oil. Natural gas also can help transition our energy mix to more renewable energy sources. This is because properly designed, gas-fired generation can respond quickly to pick up the slack if the wind suddenly dies or clouds unexpectedly roll in. But, these benefits mean nothing if the communities where gas is produced suffer air and water pollution, or if methane – a powerful global warming pollutant that is the primary ingredient in natural gas – is allowed to leak into the atmosphere unchecked.

We all should be worried about global warming and the role that sloppy oil and gas production and distribution practices contribute to the problem. But communities where oil and gas development is taking place are also worried about how oil and gas drilling is impacting their water supplies. This is a key issue and one aspect of the groundwater contamination concerns, rightfully gaining attention in these communities, is how and where toxic wastewater is disposed of that is produced along with oil and gas. But here, too, the answers don’t come easy. Read More »

Also posted in Methane / Tagged produced water | Read 1 Response