Methane Hits Record High in Atmosphere as Fossil Fuel Companies Diverge

Methane Hits Record High in Atmosphere as Fossil Fuel Companies Diverge

More than 60 oil and gas companies committed to a new framework today to report methane emissions as the United Nations reported that atmospheric levels of the greenhouse gas reached a record high. The plan from the Climate & Clean Air Coalition’s Oil and Gas Methane Partnership (OGMP) tasks companies with reporting methane emissions from both their core operations as well as joint ventures. As a part of the voluntary framework, companies will share their own methane reduction targets with OGMP, an initiative managed by the U.N. The plan revamps an existing OGMP framework and calls on companies to outline how they will realize their objectives to cut methane emissions. The group said it seeks to deliver a 45% reduction in the oil and gas industry’s methane emissions by 2025.

About Us

When you want to outsmart the world, you turn to the facts. And the facts are in the science.

Subscribe to our newsletter!