South Korea is jeopardizing its ability to meet its 2030 methane reduction target under the Global Methane Pledge due to the country’s plans to massively expand fossil-based hydrogen, according to a recent study by Seoul-based Solutions for Our Climate (SFOC) led by legal, economic, financial, and environmental experts with experience in energy and climate policy. Jinny Kim explains.
All posts tagged: The Global Methane Pledge
Methane (part 2) | The Global Energy Transition Podcast
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
Methane (part 1) | The Global Energy Transition Podcast
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.
Methane pledges with no cutting edges? Is the EU Commission ready to walk the talk on tackling crucial overall emissions?
At the beginning of the COP26 the United States, the European Union and over 100 partner countries launched the so-called Global Methane Pledge – aiming at reducing global methane emissions by at least 30 percent from 2020 levels by 2030. The overarching goal is to limit global warming to 1.5 degrees Celsius above pre-industrial levels (1850-1900). At the same time, the EU Commission is working on a legislative act to reduce methane emissions in the oil, gas and coal sectors. Andy Gheorghiu summarizes the state of play, explains the importance of the petrochemical sector and the supply chain and questions how ambitious the upcoming EU methane regulation might be.
COP26 – diplomatic springboard to a world post fossil fuels?
Despite several significant shortcomings, the UN Climate Change Conference in Glasgow (COP26) united the globe behind the commitment to limit the warming of global climate to 1.5C degrees. Consigning coal to history was one of the central mission statements ahead of and during the conference. Just as important, though less prominent, are the implications of COP26 for the role of other fossil fuels in the global transition to net-zero – most notably for gas. Maria Pastukhova and Lisa Fischer from E3G take a closer look at how this year’s COP will shape the future gas transition diplomacy and whether the new initiatives launched can act as a springboard for the global transition beyond fossil gas.