A new study by the Environmental Defense Fund (EDF) reveals that methane emissions from US oil and gas production sites are over four times higher than estimates by the Environmental Protection Agency (EPA). Based on overflight data, this study highlights potential challenges for US liquefied natural gas (LNG) exporters if methane emissions remain uncontrolled.
Released on July 31st, 2024, the findings are consistent with previous research and signal possible trouble for US LNG exporters due to new EU regulations.
The EU recently implemented rules limiting imports of natural gas with high methane intensity and requiring strict monitoring and reporting of emissions by 2025. These regulations also prohibit most natural gas flaring and extend similar measures to importers.
Methane, the primary component of natural gas, is over 80 times more potent than carbon dioxide as a short-term greenhouse gas. It is responsible for at least one-third of current global warming from various sources, including industry and agriculture, making the control of methane leaks crucial for climate change mitigation.
... to continue reading you must be subscribed
