Vital to the success of this policy will be reductions in methane emissions, and we are pleased to see the federal government showing leadership by: • Committing to reduce methane emissions from the oil and gas sector by at least 75% (below 2012 levels) by 2030. [...] The urgency — and opportunity — of ambitious action on methane Methane is a potent greenhouse gas with more than 80 times the climate warming impact of carbon dioxide; it is thus imperative to rapidly and aggressively reduce global methane emissions, to reduce the pace and amount of global warming. [...] The Oil and Gas Climate Initiative, a group of the twelve major global oil and gas companies, has pledged to achieve near-zero methane emissions by 2030.3 This should be the goal of the Canadian government as well, to maintain global leadership, and ensure that its oil and gas sector can meet its 2030 target. [...] Oil and Gas Commission, “Leak, Detection and Repair Data for Wells and Facilities [BCOGC-87988].” Reducing methane emissions from Canada’s oil and gas sector | 8 A recent study in British Columbia found that 23% of methane emissions in the province resulted from unlit flares.27 This indicates that flares should be inspected frequently fo. [...] The forthcoming Centre of Excellence should focus on obtaining accurate data on sources and behaviour of emissions sources, to inform federal regulations and evaluate progress towards near-elimination of methane emissions from the oil and gas sector.
- Pages
- 14
- Published in
- Canada
