Oil and Gas Industry Methane Emissions

SOURCE npr.org
New research shows that the oil and gas industry may be emitting about three times more climate-warming methane than official estimates. The industry releases about 6.2 million tons of methane annually, valued at $1.08 billion. Various studies suggest that the EPA's estimates of methane emissions are too low, with the U.S. among countries pledging to cut methane pollution as a key climate goal.

Key Points

  • Oil and gas industry may be emitting three times more methane than official estimates
  • EPA's estimates of methane emissions are considered too low
  • U.S. among countries pledging to cut methane pollution as a key climate goal
  • Improved ability to measure methane pollution with advancements in technology

Pros

  • Increased awareness of the actual amount of methane emissions from the oil and gas industry
  • Potential for countries to make significant progress in reducing methane emissions to achieve global climate goals

Cons

  • Undercounting of methane emissions by governments and the industry
  • Challenges in capturing gas leaks due to infrastructure limitations