{"id":13347,"date":"2016-06-13T23:39:55","date_gmt":"2016-06-14T04:39:55","guid":{"rendered":"http:\/\/blogs.edf.org\/energyexchange\/?p=13347"},"modified":"2016-06-14T14:00:27","modified_gmt":"2016-06-14T19:00:27","slug":"mexico-methane-reductions-an-opportunity-for-north-american-leadership","status":"publish","type":"post","link":"https:\/\/blogs.edf.org\/energyexchange\/2016\/06\/13\/mexico-methane-reductions-an-opportunity-for-north-american-leadership\/","title":{"rendered":"Mexico Methane Reductions: An Opportunity For North American Leadership"},"content":{"rendered":"

\"Mapa_Mexico_Con_Bandera\"<\/a>In partnership with Mexico\u2019s Mario Molina Center and Canada\u2019s Pembina Institute, EDF released a policy brief<\/a> in Mexico City this week that illustrates that national action in the United States, Canada and Mexico could cheaply and quickly eliminate 232 billion cubic feet of methane from the North American oil and gas industry.<\/p>\n

Titled \u201cNorth American Climate Leadership: A road map for global action<\/a><\/u><\/strong>,\u201d the brief synthesizes analyses included in ICF\u2019s North American report<\/a> and its research conducted in the U.S.<\/a> (2014), Canada<\/a> (2015) and Mexico<\/a> (2015). All of ICF\u2019s analyses found that reducing methane from the oil and gas supply chain is cost-effective and environmentally beneficial. Even at today\u2019s historically low gas prices, the cost of capturing methane would add just one penny to the current price of gas, based on the cost of solutions and the ability to sell the recovered gas.<\/p>\n

Choosing to highlight these opportunities at an event in Mexico City was no accident. As one of the world\u2019s largest oil and gas producing countries, Mexico could make significant headway in reducing its climate emissions by addressing methane quickly (now), as the United States and Canada did this spring<\/a> when they announced a pact to reduce their oil and gas methane emissions 40 to 45 percent.<\/p>\n

Mexico has already taken important steps toward methane reductions within its oil and gas industry, including them in their UN climate commitments, or INDCs<\/a>. PEMEX has shown leadership by joining the Oil and Gas Methane partnership, a voluntary U.N. initiative for companies to report on and reduce methane emissions from their operations. Now is the time for Mexico to formalize these commitments by setting a similar 40-45% methane reduction goal and regulations to achieve it. And the opportunity to do so in Mexico is even bigger than it was in the U.S. and Canada.<\/p>\n

According to ICF, Mexico could reduce its oil and gas methane emissions 54 percent below 2013 levels by 2020 \u2013 at a cost of 0.79 Mexican Pesos (roughly six cents U.S.) per metric ton of CO2e. A reduction of that size could yield Mexico about 10 percent of its Paris climate commitment, just by taking action in one sector. In contrast, a failure to implement a plan to reduce methane pollution as the country\u2019s oil and gas industry expands due to historic energy reforms made in 2013, will result in higher emissions, making it harder for Mexico to meet its climate commitments.<\/p>\n

Further, with reductions coming in the United States and Canada, Mexico can use this as opportunity \u00a0to ensure a level playing field for companies that operate in two or all three of the countries and avoid a large number of polluting effects with the entry of private players into Mexico\u2019s oil and gas industry for the first time since the 1950\u2019s. Mexico has clear legal authority to commit to these reductions, and as it was for the United States and Canada, it\u2019s an opportunity too important to let pass.<\/p>\n

The time is right for a continental approach to methane reductions. Later this month, President Pe\u00f1a Nieto, President Obama and Prime Minister Trudeau will meet in Ottawa for the North American Leaders\u2019 Summit (NALS), and energy and environment issues are a ripe topic for trilateral cooperation.<\/p>\n

After all, it was North American action at NALS that catalyzed global action on hydrofluorocarbons (HFCs), another dangerous greenhouse gas, when the three countries proposed a joint amendment to the Montreal protocol in 2009. Similarly, cooperative action on methane at the next NALS would further solidify the countries\u2019 climate leadership and could catalyze global action. Without question, Mexico joining the United States and Canada methane reduction goal of 40-45% is the largest climate commitment NALS can deliver.<\/p>\n

If Mexico matches the U.S. and Canadian reduction goal and enacts regulations to achieve it, North America could see a 20-year climate benefit equal to taking about 85 million cars off the road.<\/p>\n

A commitment by Mexico would put an exclamation mark on an incredible six months of North American climate action and continue the leadership these three countries have shown in recent years.<\/p>\n

It would also underscore what a steady stream of scientific studies and economic analyses have concluded: that reducing methane from our oil and gas industry is our best opportunity to make a quick and affordable impact on climate change, and that every energy-producing country \u2013 large and small \u2013 must participate.<\/p>\n

Image Source: Wikipedia<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

In partnership with Mexico\u2019s Mario Molina Center and Canada\u2019s Pembina Institute, EDF released a policy brief in Mexico City this week that illustrates that national action in the United States, Canada and Mexico could cheaply and quickly eliminate 232 billion cubic feet of methane from the North American oil and gas industry. Titled \u201cNorth American …<\/p>\n","protected":false},"author":6720,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,55717,693],"tags":[],"coauthors":[],"class_list":["post-13347","post","type-post","status-publish","format-standard","hentry","category-uncategorized","category-methane-2","category-natural-gas"],"acf":[],"yoast_head":"\nMexico Methane Reductions: An Opportunity For North American Leadership - Energy Exchange<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogs.edf.org\/energyexchange\/2016\/06\/13\/mexico-methane-reductions-an-opportunity-for-north-american-leadership\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mexico Methane Reductions: An Opportunity For North American Leadership - Energy Exchange\" \/>\n<meta property=\"og:description\" content=\"In partnership with Mexico\u2019s Mario Molina Center and Canada\u2019s Pembina Institute, EDF released a policy brief in Mexico City this week that illustrates that national action in the United States, Canada and Mexico could cheaply and quickly eliminate 232 billion cubic feet of methane from the North American oil and gas industry. 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