A new study found that as little of a leakage rate as 0.2 percent of methane gas can make this fuel as dangerous for the climate as coal. Lisa Tostado takes a closer look at these findings.
One of the most methane emitting events ever recorded, the Nord Stream pipeline explosions in 2022, released a huge amount of this very potent greenhouse gas into the atmosphere. What is striking, though: Normal oil and gas operations globally emit the same amount of methane as the explosion every single day. These emissions are in large parts preventable, they are unacceptable from a climate and air quality standpoint, and they are a colossal waste of precious resources against the backdrop of energy security concerns. Lisa Tostado analyzes the latest data on methane emissions from the energy sector and argues that the issue has not received the attention it deserved.
The global energy system is undergoing a major transformation. Fossil fuel prices are soaring, and extreme weather and war are causing massive blackouts and energy shortages. A clean-energy transition is no longer just an option, but an absolute requirement for survival. As countries shift away from dirty fuels, governments and corporations are increasingly looking toward hydrogen as part of the solution. Robert Howarth has the details. This Piece was originally published on NikkeyAsia.
In 2022, there are wins to be celebrated for climate policy. The recent US legislation is the first time in 40 years that the government has managed to pass any meaningful climate policy. The invasion of Ukraine has shaken Europe to accelerate the move away from Russian oil and gas. However, it is hard to celebrate wins for the climate without addressing the elephant in the room – the thriving and ever-profiting oil and gas sector. While recent geopolitical events did indeed infuse the energy transition with, (no pun intended), some much needed energy, Joelle Thomas would argue that the biggest winners of the past year’s events have been oil and gas companies. What does this mean for the energy transition?
While much of the international community’s climate action has focused on controlling carbon dioxide (CO2) emissions, in doing so, we’ve essentially given a pass on another very powerful greenhouse gas: methane. With 86 times the warming impact of CO2 over a twenty-year period, new studies show that methane accounts for about 30-50 percent of today’s global warming. Read More
Following changes to tax legislation, fossil gas is now flowing out of the Black Sea where an estimated 200 billion cubic meters of climate killing methane could be tapped. While drillers look further, homeowners and businesses are installing solar panels at record rates as “prosumers” look to cash in. Lead blogger and podcaster, Michael Buchsbaum reviews the nation’s energy transition in this edition of the Romanian Power Move.
As Russia’s brutal invasion of Ukraine metastasizes into a global humanitarian crisis, fossil fuel interests are wasting no time in trying to wrench as much glorious shareholder value as possible out of the growing calamity. Lead blogger and podcaster, Michael Buchsbaum argues there’s little coincidence that the United States, the world’s largest oil and fossil gas producer, is using fears of global energy insecurity to gain more market’s for their liquid natural gas (LNG) sector.
On April 4, 2022, the IPCC published he third part of the Sixth Assessment Report, Climate Change 2022: Mitigation of Climate Change. Referring to the findings and key results, UN General Secretary António Guterres said that “investing in new fossil fuel infrastructure is moral and economic madness” while also outlining that “such investments will soon become stranded assets”. In this blog post, Andy Gheorghiu explains why new LNG terminals in Germany are not an exception – even after Russia’s invasion of Ukraine.
Methane emissions from oil and fossil gas facilities are skyrocketing, potentially accelerating the severity of climate change. Nowhere is the problem worse than in the United State’s Permian Basin, the biggest oil and gas field in the now world-leading petro-carbon producing nation. Stretching from Texas into New Mexico, satellites are detecting worsening levels of methane pollution. This comes as no surprise to “Texas” Sharon, one of the world’s first methane hunters. Recording thousands of leaks with a specially designed camera, she shares her observations with lead blogger and podcaster Michael Buchsbaum.
Methane pollution stemming from oil and gas production is accelerating climate change. New data from the International Panel on Climate Change (IPCC) finds that methane may be responsible for almost half of all global warming to date. As the United States becomes the world’s largest producer and exporter of oil and gas, monitoring suggests methane is simply billowing out from its biggest fields, particularly in Texas’ Permian Basin. In a new series on methane, lead blogger and podcaster, Michael Buchsbaum reviews the Permian’s growth and new efforts by Washington to get those rising emissions under control.