Post-closure liability management may be a rather obscure part of the burgeoning carbon capture and sequestration , or CCS, industry. But more and more lawmakers and regulators in U.S. states and around the world recognize it’s an important piece of their climate change agenda.
By Marie Cabbia Hubatova and Angie Farrag-Thibault
At a time when it is critical to eliminate our dependence on fossil fuels, the shipping industry is endeavoring to do its part to decarbonize and keep global temperature rise below 1.5 degrees Celsius. Its success depends on there being sufficient clean fuel supply to substitute fossil fuels — but we are not on track. We need robust near-term decisions at the International Maritime Organization and in member states to bring investment security to steer the industry transition onto course.
By Scott Seymour and Ari Pottens
The Canadian government is likely overlooking an important source of climate pollution. Surface casing vent flow and gas migration (types of underground leakage from oil and gas wells) has the potential to leak a lot of methane, but according to new research, neither governments nor companies know how much.
Canada has made a pledge to reduce 75% of the oil and gas industry’s methane emissions by 2030 as way to help combat climate change, but poor data and inaccurate estimates on well leakage makes it increasingly difficult to know if that goal is in sight.
New research reveals that across Alberta and British Columbia oil and gas well leakage could represent anywhere between 2-11% of the industry’s emissions. This huge range means policy makers can’t reliably know how this problem stacks up against other emission sources making it nearly impossible to set priorities or to craft regulations.
By Ari Pottens and Scott Seymour
Canada recently released its latest estimate of greenhouse gas emissions which, for the very first time, includes atmospheric measurements of methane emissions taken from oil and gas facilities.
Two high profile studies released this week by the National Petroleum Council paint a portrait of an industry asserting a positive role in the energy transition but struggling to act on what good science demands of it.
The studies — one on natural gas, the other on hydrogen — were produced at the request of Energy Secretary Jennifer Granholm, who is looking to better understand how and under what circumstances those resources can play a constructive role in the energy transition, a strategic and economic imperative for the United States.
Created by President Harry Truman to advise the executive branch on critical energy issues, the NPC has provided successive administrations with analysis-backed recommendations on how to structure and manage U.S energy policy to advance the national interest. Read More
By Anna Lóránt
The EU is striving to become the first climate-neutral continent by 2050. As one of the fastest warming continents in the world, with climate risks threatening its energy and food security, ecosystems, infrastructure, water resources, financial stability and people’s health (EEA, 2024), ambitious climate action is a necessity.
