Energy Exchange

A Big Climate Opportunity for Mexico in Dealing with Methane Now

By Drew Nelson / Published: November 12, 2015

Mexico is getting good news today about a strategy it can use to help meet its 25% greenhouse gas reduction pledge by 2030. A new report conducted by energy research firm ICF International found that by using available and low-cost technologies, Mexico can cut 54% of its methane emissions from the oil and gas sector for less than one peso per ton of carbon dioxide. Not only does this keep a very potent greenhouse gas out of the atmosphere, methane is 84 times more powerful than CO2 in intensifying warming, but by capturing it, methane is the main ingredient in natural gas, Mexico wastes less energy.

The Mexican government showed leadership in recognizing the importance of reducing short-lived climate pollutants like methane in its climate pledge to the UN Climate Change Conference. And ICF’s study suggests that reductions in oil and gas methane emissions can be a valuable tool as Mexico considers how it will implement policies to meet its goal. Read More »

Also posted in Military, Natural Gas / Comments are closed

New Investor Network Aims to “Close the Gap” on Energy Efficiency Financing

By EDF Blogs / Published: November 12, 2015

By: Jeff Milum, Director of Market Development, Investor Confidence Project

40 percent of all energy in the U.S. is used by buildings, which also accounts for one-third of our country’s greenhouse gases emissions. This represents a huge opportunity, both for climate action and financial gain.

There’s just one problem: Project developers often have trouble finding financing for projects, even though investors who are looking to finance building efficiency upgrades are in need of more quality projects. This conundrum is increasingly apparent as more mainstream investors are entering the energy efficiency sector searching for investments with consistent, long-term yields, as well as “green” attributes.

That’s why Environmental Defense Fund’s Investor Confidence Project (ICP) is proud to announce the launch of the ICP Investor Network. By connecting investors who are seeking quality projects with trained and vetted project developers who are originating certified ICP-certified energy efficiency projects, ICP is working to help close this gap. Read More »

Also posted in Energy Efficiency, Energy Financing, Investor Confidence Project / Comments are closed

Recycling Wastewater from Oil and Gas Wells Poses Challenges

By Dan Mueller / Published: November 11, 2015

Each year, the oil and gas industry produces more than 800 billion gallons of wastewater. Coupling the massive volumes of wastewater generated over the life of the well and the millions of gallons of water needed to hydraulically fracture each well, it’s easy to see that oil and gas exploration and production is just as much a water issue as it is an energy issue.

With growing frequency, this huge volume of oil and gas wastewater – which contains hundreds of chemicals resulting from operations as well as underground water that is usually heavily laden with salt and naturally-occurring pollutants – is being recycled, and some groups are pushing for mandatory recycling policies. Sounds great. After all, recycling is good for the environment, right? Read More »

Also posted in Natural Gas / Tagged produced water | Read 1 Response

Vast Aliso Canyon leak reveals need for increased natural gas oversight

By Tim O'Connor / Published: November 11, 2015

More than a hundred frightened local residents packed a room at the Porter Ranch Community School for three hours last week, looking for answers about the foul stench caused by a massive natural gas leak nearby. Southern California Gas Company’s Aliso Canyon natural gas storage facility has been leaking vast amounts of noxious gas into the air for two weeks, with still no end in sight.

Environmental health risks abound

The familiar rotten-egg smell of mercaptan – which utilities add to the normally odorless gas – hangs in the air for at least a mile, a pungent reminder of the potential health, safety and environmental risks of the uncontained airborne spill. Natural gas is mostly methane; a powerful pollutant that contributes to smog formation and global climate change, packing 84 times the warming power of carbon dioxide in the first 20 years it is in the atmosphere. Aliso Canyon is the largest natural gas storage site in the Western U.S., operating under intense injection pressures and holding huge amounts of methane. Read More »

Also posted in Aliso Canyon, Methane / Comments are closed

Cutting Oil and Gas Methane A Key Pillar of Global Climate Strategy, Says IEA

By Drew Nelson / Published: November 10, 2015

Today, the International Energy Agency (IEA) released its latest World Energy Outlook, which projects how global energy systems will evolve between now and 2040 and estimates their relative impact on the climate. This annual report always offers important insight into where some of the world’s top experts see the global energy sector heading. But what’s particularly striking this year is its highlight on oil and gas methane, among other interesting conclusions.

The report confirms and builds on IEA’s findings from earlier this summer — that global emissions could peak by 2020 without slowing economic growth, and that reducing methane emissions from the world’s oil and gas industry is one of the fastest, biggest opportunities to make significant climate progress now.

In particular, the gas chapter includes this important takeaway:

“The oil and gas sector is the largest industrial source of methane emissions, a potent contributor to climate change. Outside North America, the absence of robust policy action in this area represents a major missed opportunity to tackle near-term warming. The available evidence suggests that a relatively small number of emitters may account for a large share of overall emissions, but tracking and fixing these leaks – which can be short-lived and intermittent – requires a systematic effort of measurement, reporting and monitoring, backed up by effective regulation.” Read More »

Also posted in Methane, Natural Gas / Comments are closed

PBS Sheds Light on Oil and Gas Industry’s Methane Problem—and Solutions

By Jon Goldstein / Published: November 9, 2015

*UPDATE: On Jan. 22 the Bureau of Land Management announced new rules to curb methane pollution on federal and tribal lands. Click here to show your support for protecting the West from oil & gas pollution.*

In case you missed it, PBS NewsHour recently took a close look at an issue EDF has been deeply involved in: oil and gas methane emissions.

PBS captured what many across the country have experienced for years – frustration with a significant waste and pollution problem. U.S. oil and gas drillers emit millions of tons of methane into the air every year. This pollution increases global warming and deteriorates air quality. As impacted rancher Don Schreiber in Gobernador, New Mexico told the reporter, the problem is “sobering.”

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