US, EU and Japan plan to cut methane emissions in oil and gas sectors

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The United States, the European Union and countries like Japan agreed on Friday to step up efforts to meet the goal of reducing global methane emissions by at least 30% by 2030, targeting emissions of the oil and gas sector.

Under the Global Methane Pledge Energy Pathway launched the same day, countries are encouraged to eliminate routine flaring, a process of burning excess gas during production, “as soon as possible and no later than 2030.” crude oil and natural gas.

“The oil and gas sector contributes about a quarter of all anthropogenic methane emissions from the flaring, venting and leakage of methane, which is the major component of natural gas,” the joint statement released by the US states. US and EU.

Photo taken on Dec. 9, 2017 shows liquefied natural gas facilities operated by Russian natural gas producer Novatek in Sabetta, Russia. (Kyōdo) == Kyōdo

Reducing these emissions would have the benefit of acting on climate change and improving global gas supply “simply by capturing gas that would otherwise be wasted due to flaring or methane emissions”, they said. declared.

Countries and supporting organizations have announced nearly $60 million in dedicated funding to support the implementation of the pathway, according to the statement.

The other inaugural members of the path are Argentina, Canada, Denmark, Egypt, Germany, Italy, Mexico, Nigeria, Norway and Oman.

According to the US Environmental Protection Agency website, China, the United States, Russia, India, Brazil, Indonesia, Nigeria and Mexico are responsible for nearly half of all anthropogenic methane emissions.

The US, EU and more than 100 countries launched the Global Methane Pledge at a key climate conference last year, seeking to reduce anthropogenic methane emissions by at least 30% by 2030 compared to 2020 levels.

A total of 120 countries have now endorsed the pledge, representing half of global methane emissions and nearly three-quarters of the global economy, the statement said.

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