Take care of fugitive methane emissions.
“Failing to fully address methane leakage is increasingly a risk for the climate and for the U.S. economy. Methane makes up at least 10 percent of U.S. greenhouse gas emissions—recent analysis suggests far more—and is at least 25% more potent at trapping heat than carbon dioxide. With natural gas projected to play an important role in the global energy system even under aggressive decarbonization scenarios by providing low-carbon power in the developing world and feedstock for hydrogen production (with carbon capture and storage), addressing methane is crucial for meeting climate goals.”“The U.S.’s methane problem has the attention of major oil & gas producers, who decried the Trump Administration’s August reversal of an Obama-era rule on methane. Engie’s decision last month, under pressure from the French government, to delay its $7 billion deal with U.S. LNG company NextDecade because of U.S. methane emissions underscores the risks to the U.S. economy.”
“President-elect Biden can immediately direct the EPA to initiate a new rulemaking process to ensure that industry monitors and addresses leaks in new equipment, as Obama’s rule did. Biden can also be more ambitious and address leaks in older equipment, an effort that was not completed under Obama.” —As told to Akshat Rathi
Related: Preparing for climate refugees
No comments:
Post a Comment