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‘The technologies are there’: How oil and gas companies must go beyond pledges to abate methane and cut emissions

(Eco Business, 28 Feb 2024) Tools already exist for the oil and gas industry to reduce methane and massively decrease global emissions. Firmer regulations, however, may be the only way to stop polluters.

Solutions already exist to drive down global methane emissions – they just have to be properly utilised by oil and gas companies for the industry to keep to their pledges, says Mark Brownstein, senior vice president of energy transition at the Environmental Defense Fund (EDF), a global non-profit organisation focused on tackling climate change and environmental issues.

This, he noted, will be key to the oil and gas industry proving that they are a constructive partner in the energy transition.

“While it sounds like it’s an impossible task, the fact is that the technologies are there. It is just about applying them now,” Brownstein stressed.

Methane is indeed the second-largest contributor to climate change after carbon dioxide and is responsible for almost a third of the rise in global temperatures since the Industrial Revolution.

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Eco Business, 28 Feb 2024: ‘The technologies are there’: How oil and gas companies must go beyond pledges to abate methane and cut emissions