Energy Exchange

Latest research leaves questions about some sources of atmospheric methane unsettled, but need to act remains

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A pair of new scientific papers published in the journals Nature and Science argue that levels of so-called fossil methane coming from naturally occurring sources — underground seeps, volcanoes, and so forth — are much lower than previous estimates, and that human-made emissions from the fossil energy industry account for a much larger share of the global methane budget.

The widely reported findings arrive in the midst of a robust debate among researchers in which a great deal is still unsettled. Whether these latest findings eventually prove correct remains to be seen. But the ongoing discourse leaves no doubt about the continued need to dramatically reduce the vast amounts of methane that we know are currently emitted by oil and gas production and distribution.

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Posted in Methane / Comments are closed

What’s increasing global methane levels? New research examines role of U.S. shale gas.

By Stefan Schwietzke and Steven Hamburg

A decade of extensive scientific research has demonstrated that methane emissions from the oil and gas supply chain have been substantially underestimated and has placed pressure on governments and industry to act. Because of methane’s potency and the feasibility and cost efficiency for reducing emissions of it, methane presents among the most powerful opportunities we have to slow the rate of planetary warming in our lifetimes.

Still, methane research continues — the more precisely we can identify global emission sources and quantify their volume, the more precise and effective mitigation efforts will be. And as this challenge is examined by different teams with different methods, we sometime have to address discrepancies among the results. Such is the case with two new papers that examine the proportion of rising atmospheric levels of methane associated with shale gas production in the United States. We know oil and gas methane emissions are higher than previously thought — and the scientific debate surrounding these papers is about where the global increases in emissions are coming from.

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California’s smart and economically savvy plan for electrifying trucks

California is working on a bold new plan that will put more electric trucks on the streets, and take dangerous pollution out of the air. Under this plan, manufacturers of medium- and heavy-duty trucks will be required to sell more new electric and fuel-cell options in California, starting in 2024. The final details of this rule will be released over the next few months.

The rule stands to have huge benefits for the 12 million Californians who live in areas with high levels of air pollution. Despite making up just 7% of vehicles on the road, medium- and heavy-duty trucks release 35% of the state’s total NOx and 25% of diesel particulate matter, significantly impacting nearby communities’ health. In fact, vehicles and the fossil fuels that power them create more air pollution and greenhouse gas emissions than any other source across the state.

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Ready for delivery: Electric package trucks

Each March, truck makers and fleets from all over the country gather in Indianapolis to talk about industry trends and share the newest vehicle offerings. At this year’s Work Truck Show, which wraps today, the top discussion topic was the emergence of electric trucks, especially for local delivery.

But two product announcements in particular made headlines, and for good reason. They are evidence that what industry observers have long speculated is coming to fruition: local delivery is the next market segment that will go big for EVs.

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Exxon methane proposal shows promise, but misses the mark on rigor, reductions

It’s big news when one of the world’s largest oil and gas companies announces it supports hard and fast regulations to reduce its industry’s methane emissions. And it deserves to be, since methane pollution is supercharging the climate crisis and enforceable, comprehensive regulations are the only proven way to make a significant dent in this problem.

However, go a level deeper on the Model Regulatory Framework Exxon unveiled this week and it quickly becomes clear that the specific strategies it proposes lack the ambition needed to dramatically reduce oil and gas methane emissions industrywide. Far from a nationally leading set of proposals, if implemented, they would actually be weaker than the methane standards currently in place in several leading states as well as the Environmental Protection Agency’s current requirements.

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Posted in Methane, Methane regulatons, Natural Gas / Tagged | Comments are closed

The defining decade for oil and gas in the energy transition

Business as usual for the oil and gas industry is over. Investor confidence is flagging just as the talent pool shrinks and competition from cleaner energy sources intensifies. Pressure on companies to respond to the climate crisis to maintain their future viability has never been higher.

BP’s recent “net-zero” announcement is a case in point. And though time will tell whether BP delivers on its ambition, CEO Bernard Looney deserves credit for putting his company on the right path. It’s critically important — for the planet and the entire industry — that other energy companies meet or beat the mark of BP’s ambition, and that all turn their sights next to implementation.

As BP’s new plan changes the conversation in boardrooms around the world, energy companies that are serious about performing while transforming will need to step up in four areas. Here’s what to watch for as industry’s defining decade begins.

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Posted in Methane, Methane regulatons / Comments are closed