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Cutting methane should be a key Cop26 aim, research suggests
(EurActiv, 30 Sep 2021) Oil and gas producers could reduce emissions at low cost or even at a profit by staunching leaks, says thinktank.
Sharp cuts in methane from leaking gas drilling platforms and production sites could play a major role in the greenhouse gas emissions reductions necessary to fulfil the Paris climate agreement, and should be a key aim for the Cop26 UN climate talks, new research suggests.
Cutting global emissions of methane by 40% by 2030 is achievable, with most cuts possible at low cost or even at a profit for companies such as oil and gas producers. It would make up for much of the shortfall in emissions reductions plans from national governments, according to the Energy Transitions Commission thinktank.
Ahead of Cop26, senior UN and UK officials have privately conceded that the top aim of the conference – for all countries to formulate plans called nationally determined contributions (NDCs), that would add up to a global 45% cut in emissions by 2030 – will not be met.
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EurActiv, 30 Sep 2021: Cutting methane should be a key Cop26 aim, research suggests
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