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A newer, more accurate method for calculating methane emissions from offshore oil and gas production suggests that the United Kingdom severely underestimates its greenhouse gas emissions. Researchers conclude that as much as five times more methane is being leaked from oil and gas production than reported.
Gas leak measurement is germane to the realisation of goals such as the Global Methane Pledge. Originally proposed by the US and EU in September 2021, the Global Methane Pledge will see countries acting to cut methane emissions by 30 percent by 2030. How do leaks occur?
The uncertainties centre on Equinor’s backing for new “net zero” gas-fired power plants fitted with technology to capture carbon dioxide (CO2) billowing from their smokestacks, and bury the gas in disused oil and gas fields under the North Sea. percent of the UK’s current yearly emissions.
In the evolving global energy economy, methane emissions have become a critical variable in the oil and gas industrys long-term performance. Yet despite this momentum, oil and gas methane emissions remain unacceptably high. Yet despite this momentum, oil and gas methane emissions remain unacceptably high.
The signing of the Global Methane Pledge at last year’s COP26 marks a vital step in reducing the impact of industrial activities on the environment. Originally proposed by the US and EU in September 2021, the Global Methane Pledge will see countries acting to cut methane emissions by 30 percent by 2030.
New funding builds on unique partnership to tackle potent methane emissions between Bloomberg Philanthropies, Carbon Mapper, Planet, the State of California, NASA Jet Propulsion Laboratory, the University of Arizona, Arizona State University (ASU), High Tide Foundation, and RMI .
A little over a decade ago, Gary Dye, then a gas measurement engineer at NW Natural, Oregon’s largest gas utility, lost faith in his employer to responsibly deal with what he believed to be systematic inaccuracies among the company’s hundreds of thousands of gas meters. Faulty Meters Raise Questions About Profits.
The newly enacted Inflation Reduction Act contains the world’s first-ever fee on methane, a powerful greenhouse gas believed to be responsible for roughly 30 percent of global temperature rise since the Industrial Revolution. billion in financial incentives to clean up their methane.”
By Faye Bowser, Head of Energy Solutions, Siemens plc. While the pandemic initially provoked a swift and immediate short-term reaction, the vaccine’s rollout can now afford key legislators the chance to plan for the ‘next normal’, with 2021 assuming extra significance as the UK hosts the UN’s COP26 in Glasgow later this year.
In a paper published in Food and Energy Security journal, a multi-disciplinary group of academic scientists along with prominent UK agriculture campaigner, Lord Curry of Kirkharle, suggest that investing in the quality of earth to enhance its ability to ‘lock in’ carbon should be a central pillar in the national and global push towards Net Zero.
Once all avoidable waste is prevented, the remaining unavoidable waste can be recycled into green energy for power, heat and transport as well as biofertilisers for agriculture, bio-CO2 and other valuable bio-products. However, only 2% of those wastes are currently being effectively managed. ” says David Newman, President of WBA.
Aquacycl, Kitu Systems, and Nuvve Complete Southern California Energy Innovation Network (SCEIN) Program. SAN DIEGO, CA, October 25, 2021 – Cleantech San Diego today announced the graduation of local clean energy companies Aquacycl , Kitu Systems , and Nuvve from its Southern California Energy Innovation Network (SCEIN).
Since the signing of the Paris Climate Agreement six years ago, the nations of the world have slowly begun to bend the curve on emissions, due largely to spectacular advances in renewable energy. Our technologies are designed to monitor and classify changes everywhere on Earth, every day, in high resolution. All Rights Reserved.
fossil fuel firms are pushing to build more than 2,900 miles of natural gas pipelines to feed liquefied natural gas (LNG) export facilities in Louisiana, Texas, and Alaska, in a bid to send more of the fuel to Asia and Europe, a new analysis by Global EnergyMonitor shows. The pipelines would cost billions of dollars to build.
Photos I shot in 2022 for DeSmog capture damage from extreme weather events and the continued expansion of the fossil fuel industry — the dominant industry causing global warming. Industries reliant on methane gas continue to expand their footprint, despite bipartisan discussions about the need to develop climate solutions.
The United States-based oil major’s willingness to publicly throw down the gauntlet to policy-makers underscores the stakes for the fossil fuel industry as the EU fleshes out its plans to slash carbon emissions, ahead of June’s European parliament elections. million tonnes of greenhouse gases during the same period.
Amid these challenges, meeting the ambitions of the 2030 agenda will require us to redesign and optimize countless systems, from transport and agriculture to energy and manufacturing. To do so, they look to build more resilient systems with tight information feedback loops. PlanetScope image collected on August 15, 2019.
But, as the Institute for Energy Economics and Financial Analysis’ energy finance analyst Bruce Robertson told DeSmog, even they “haven’t been able to get it right”. . Adopting this technology therefore adds significant costs to fossil energy production when it’s applied to that industry. Gorgon is led by U.S.
Large amounts of organic matter are removed during treatment processes to meet environmental standards, and as a result, significant amounts of GHGs such as methane are released into the atmosphere. They found that the amount of methane released from the treatment of recalcitrant organic matters in 2018 could have been as high as 38.22
Throughout the years, DEMO Day grew into an event that featured lab tours, dynamic speaking programs featuring industry leaders and elected officials, popcorn pitches from our members, and, most crucially, opportunities for the entire climatetech and cleantech ecosystem to connect with our startups. Massachusetts Clean Energy Center.
Even as the overall VC market slows during the second half of 2022, investments in climate tech - particularly technologies that could enable green hydrogen to help decarbonize heavy industry and other big emitters - continue to add up. Its electrolysis process runs on renewable power, the hallmark of so-called green hydrogen technologies.
A new database cataloging the world’s oil and gas reserves reveals extensive data on the global fossil fuel industry for the first time. The Global Registry of Fossil Fuels, launched by Carbon Tracker and Global EnergyMonitor, is the first public and free-to-use database of fossil fuel production, reserves, and emissions.
In February 2021, German agribusiness giant BASF hosted a virtual wine tasting, a seemingly cozy affair swirling glasses of Portugal’s finest in front of a webcam debating the future of EU agricultural policies. Read more about the industry’s climate lobbying at DeSmog’s agribusiness database.
The circumstances surrounding his termination are documented among thousands of pages of public records and internal company documents that provide a penetrating look into the multi-billion dollar stakes of negotiations between governments and state-sanctioned monopolies that are shaping the future of energy systems in Oregon and beyond.
The ongoing conflict in Ukraine and the subsequent sanctions against Russia have highlighted Europe’s vulnerability when it comes to energy security. TES is a green hydrogen company that will accelerate the energy transition through its ambitious plans to develop a green hydrogen hub at Wilhelmshaven in Northern Germany.
It had been about a year and a half since he left his job at an aerospace company to found a clean energy startup in San Francisco with three of his friends, but the path to success he’d once envisioned had crumbled. For a while things had been looking up for Charm Industrial. Courtesy of Charm Industrial.
A new league table has highlighted how the global electric vehicle market is continuing to rapidly expand, with China seeing sales of zero emission models top three million units last year. The new analysis from electric vehicle subscription service Elmo confirms that China remains the largest EV market by sales, with nearly 3.4
Investors and climate experts are increasingly concerned about one of the energy transition’s biggest loopholes – the transferred emissions problem. Securing large-scale emissions reductions in the real economy – not through accounting exercises – is core to a successful energy transition. By Andrew Baxter and Gabriel Malek.
Only 3 percent of the Wyoming project’s CO2 has been geologically stored in the same formation from which the original gas was extracted, according to estimates from the Institute for Energy Economics and Financial Analysis (IEEFA). During a landmark congressional hearing in October 2021, Democratic Rep.
How Wall Street can win on climate In 2021. Mon, 01/25/2021 - 01:00. At the start of 2021, leading investors openly recognize that climate change presents a massive systemic risk and a multi-trillion-dollar opportunity. As with other core financial issues, monitoring metrics is just the start. Ben Ratner.
The industry is attracting investment as new technologies for cultivating meat are emerging and start ups edge towards commercialisation. According to the Good Food Institute, in 2021 cultivated meat companies attracted $140m of investment in Europe.
Another study named The Global Sustainability Study 2021 , by Simon-Kucher and Partners , revealed a significant global paradigm shift in how consumers view sustainability. The report focuses on bisphenol A (BPA), which is an industrial chemical found in baby bottles and polycarbonate plastics. Energy Star. USDA Organic.
During the World Economic Forum in Davos, Philanthropist Bill Gates, the US special presidential envoy for climate John Kerry, CEO of energy firm Vattenfall Anna Borg, and Yasmine Fouad, Egypt’s Minister of Environment, discussed the key actions utilities, governments and the private sector are planning to accelerate climate action and innovation.
The study , published in International Journal of Epidemiology in December 2021, looked at nearly 3 million births in the state of Texas over the course of 13 years between 1996 and 2009. A lot of policy is exclusively focusing on fracking, but our study shows that’s a really limited view of how this industry may impact local populations.”.
Industry Voice: From UNFCCC to NDCs and IPCC to 1.5°C, This is the global temperature rise above pre-industrial levels targeted by the 2015 Paris Agreement. The curbing of emissions to reduce the concentration of greenhouse gases such as carbon dioxide and methane in the environment. Energy transition. Energy transition.
Highly Commended: Carbon Limiting Technologies Highly Commended: Greengage Hospitality Firm of the Year Compass Group UK & Ireland In an all-new category for this year, Compass Group emerged victorious with the judges praising the scale and ambition of its industry-leading transition plan.
On November 29, Coterra Energy and the Pennsylvania Department of Environmental Protection (DEP) signed a consent order allowing the operator, one of the largest natural gas producers in the state, to drill laterally beneath an area that has been mostly fracking-free since 19 households found methane in their water in 2008 and 2009.
On March 1, 2021, the TCI released draft Model Rules for public review. Examples of state policies discussed during these webinars include integration of battery-powered buses, additional bike and pedestrian paths, and funding for owners of multi-unit dwellings to acquire EV charging stations. Background. Core Principles and Mechanism.
emissions by 2050 while also dramatically limiting other GHG emissions like methane. as feedstock for biomanufacturing of intermediate chemicals such as ethylene and just announced the initial closing of its series A; and CarbonFree , which has commercial technologies that capture and convert industrial CO?
EDF was an early partner with Carlyle Group, KKR, and others to make environmental measurement and management a best practice for industry leaders and a key strategy for value creation. Investors need reliable data to allocate capital to transition-ready assets and monitor portfolio companies’ progress on emissions reduction.
Another study named The Global Sustainability Study 2021 , by Simon-Kucher and Partners , revealed a significant global paradigm shift in how consumers view sustainability. The report focuses on bisphenol A (BPA), which is an industrial chemical found in baby bottles and polycarbonate plastics. Energy Star. USDA Organic.
The global stampede to develop clean energy sources has prompted a demand for ammonia analysers from the developers of engines that will be capable of using ammonia as a fuel. In November 2021 the European Commission published a report entitled: ‘Hydrogen: Europe’s Industry rolling out hydrogen projects on massive scale’.
Less than six months later, Virginia Natural Gas boasted that it was supplying “NextGen Gas,” or gas “produced with lower greenhouse gas emissions,” to satisfy up to half of the energy demands of its 300,000 customers. That reality is drawing intense global scrutiny of the oil and gas industry. And Virginia is not alone.
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