Potent methane emissions from the oil and gas sector are 70% higher than official reports: IEA

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Potent methane emissions from the oil and gas sector are 70% higher than official reports: IEA
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Global methane emissions from the energy sector are about 70% greater than what national governments have officially reported, according to analysis out this week from watchdog, the International Energy Agency.

The IEA has already come out in support of efforts to cut methane emissions, a more potent but shorter-lasting greenhouse gas than carbon dioxide, and the group used this latest data to reinforce its case.

The energy sector accounts for around 40% of methane emissions from human activity, including out-of-commission oil and gas machinery. Livestock and other sources also contribute. — International Energy Agency Methane can also be reused as an energy source under certain conditions. If all methane leaks from fossil fuel operations in 2021 had been captured and sold, then natural gas markets would have been supplied with an additional 180 billion cubic meters of natural gas. That is equivalent to all the gas used in Europe’s power sector that year, a figure seen as more than enough to ease current market tightness, the IEA suggested.

Read:‘Want to stop making Putin rich… renewables is the answer’: Does the Russia-Ukraine crisis speed up or slow Europe’s green energy push? Yet, of the five countries with the largest methane emissions from their energy sectors — China, Russia, the U.S., Iran and India — only the U.S. signed on.

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