Energy Exchange

Photo from “Romanian Methane Emissions from Oil and Gas” project, part of “Methane Goes Mobile – Measurements and Modeling (MEMO2)” campaign sponsored by the European Union’s Horizon 2020 research and innovation program- to assess context and quantity of Romania’s methane emissions

Amidst all the positive momentum behind reducing global oil and gas methane emissions lies a critical challenge: If we’re going to reduce global methane emissions, we need accurate and trustworthy numbers to define the scope of the problem, assess company and country performance and track emissions over time and against reduction goals.

Because you can’t manage what you don’t measure, accurately.

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Photo courtesy of North American Council for Freight Efficiency (NACFE)

The U.S. Environmental Protection Agency‘s proposed Phase 3 Greenhouse Gas Emission Standards are poised to add yet another spark to the medium- and heavy-duty truck industry’s acceleration toward low- and zero-emission trucks.

Whereas many of the incentives included in the Inflation Reduction Act are intended to spark demand for zero-emission trucks, EPA’s proposed truck rule, when finalized, could help to ensure there will be a robust supply of low- and zero-emission solutions for fleets. In EPA’s proposal for these technology-neutral performance standards, the agency projects manufacturers could meet the standards through increasing market shares for zero-emission trucks. For example, in 2030, this could help ensure that 27% of medium-duty vocational trucks – like parcel delivery step vans, and 20% of tractor-trailer day cabs will be ZEVs.

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This summer, many of the world’s largest asset managers publicly disclosed their voting records from this spring on climate shareholder resolutions, and the results indicate a worrisome trend. Many failed to support ambitious climate proposals — and some stumbled even on the simple ones, like calling for better methane emission data. Read More »