Energy Exchange: Methane Regulations
Texas oil and gas regulators offer a weak fix to flaring
3 years 8 months ago
This post was originally published in The Dallas Morning News After months of promising talk about curbing the oil and gas industry’s wasteful and polluting flaring habit, the Texas Railroad Commission unveiled a plan that does little to fix the problem. Despite calls from mineral owners, the public and even some in the industry itself […]
Colin Leyden
Zero routine flaring by 2025 and the Texas policy needed to get there
3 years 9 months ago
Routine flaring at oil and gas production sites in Texas has been a chronic issue for years, as the rampant process burns off viable fuel product while emitting carbon dioxide, methane and toxic pollutant emissions into the atmosphere. Yet momentum for eliminating the practice is building among investors, operators and landowners, pushing the state’s regulatory […]
Colin Leyden
Data underscores need to strengthen Pennsylvania’s methane rule proposal
3 years 9 months ago
In July, Pennsylvania’s Department of Environmental Protection concluded its public comment period on proposed rules to curb methane emissions from existing oil and gas facilities. As the state weighs feedback, EDF analysis shows Pennsylvania operators emit over 1 million tons of methane annually — 16 times what they report to regulators — and underscores the […]
Hillary Hull
EU must take on its methane problem before turning to hydrogen
3 years 9 months ago
Facing dangerous levels of warming, Europe aspires to achieve a net-zero carbon economy by 2050. The oil and gas industry want us to believe natural gas can play a constructive role in this green energy future. And right now, these companies are lining up behind the idea that European Union policymakers should invest heavily in […]
Mark Brownstein
Climate leadership is Canada’s truest, best path to world stage
3 years 9 months ago
This piece was originally published in The Hill Times Pundits are wringing their hands over Canada’s frustrated bid for a temporary spot on the United Nations Security Council. But perhaps Canada was auditioning for the wrong role. What if the undeniable but short-term prestige has kept critics from recognizing a greater, more important place for […]
Sam Kotis
Mexico can rebuild a cleaner, stronger energy economy post COVID-19
3 years 10 months ago
This piece was first published in El Universal Times of great turmoil sometimes bring the opportunity for great progress. As leaders around the world work to protect the sick and vulnerable from COVID-19, while also moving to restart their economies, they have a chance to rebuild better — creating a world that’s cleaner and healthier […]
Daniel Zavala-Araiza
The energy job market is in trouble. Here’s how we fix it.
3 years 10 months ago
The coronavirus is inflicting a heavy toll on America: Over 100,000 dead, almost two million infected, and more than 40 million unemployed. Beating the virus is the top priority. But we also need to put people back to work as fast as safety allows. How we go about that now will determine our nation’s economic […]
Mark Brownstein
To fix flaring, Railroad Commission must tackle the incentive problem
3 years 11 months ago
Previously published in Shale Magazine By Colin Leyden and Scott Anderson A remarkable thing happened at the Texas Railroad Commission these past few weeks. Throughout the contentious debate over proration, a growing chorus of voices on both sides was calling on the commissioners to address flaring — an incredibly wasteful, environmentally damaging practice that has […]
EDF Blogs
Canada’s Trudeau exemplifies climate leadership in the face of COVID-19 crisis
3 years 11 months ago
As countries everywhere struggle to balance crucial long term priorities like climate change with the urgent health and economic issues faced by millions suffering the effects of a viral pandemic, the government of Canada has distinguished itself with a new policy designed to address both sets of challenges without shortchanging either. Prime Minister Justin Trudeau […]
Sam Kotis
Methane: Europe’s missing link for effective energy decarbonization
3 years 11 months ago
The EU Sector Integration Strategy, expected in June, has become the top energy policy issue this year, and it will define the role of gas in Europe’s current and future transitions. In recent weeks, there have been increasing calls for Europe’s gas decarbonization to focus on hydrogen and renewable gases, while saying very little — […]
Poppy Kalesi
However you measure it, Permian oil and gas operations have highest emissions ever measured in a U.S. oilfield
3 years 11 months ago
Two fundamentally different methods EDF is using to measure and understand methane emissions in the Permian Basin are producing strikingly similar results. The mutually reinforcing sets of data — one gathered using aircraft, the other by satellite — each show that oil and gas operators in the region are releasing more than 3.5% of the […]
David Lyon
CalSTRS says climate is major portfolio threat, companies must walk the walk on net-zero
3 years 11 months ago
A few weeks ago, EDF’s Ben Ratner spoke extensively with Brian Rice, a portfolio manager at California State Teachers’ Retirement Systems about key issues in environmental social and governance investing. CalSTRS is the largest educator-only pension fund in the world with roughly $243 billion in managed assets. EDF has been working closely with the firm […]
Ben Ratner
Satellites and state regulators: New data spotlights extreme emissions and need for action in nation’s largest oilfield
4 years ago
By Jon Goldstein and Colin Leyden This week a study drawing on nearly a year’s worth of satellite data revealed that Permian methane emissions are the highest ever measured from a U.S. oil and gas basin. As the federal government continues its rollback of methane safeguards, public attention is now trained on policymakers and companies […]
EDF Blogs
It’s time for the Texas Railroad Commission to curb flaring to prevent waste, protect property rights
4 years ago
This piece originally appeared in the Houston Chronicle The Texas Railroad Commission has a unique chance to save the state’s oil and gas industry from one of its own worst habits — setting fire to over 100 billion cubic feet of natural gas each year, transforming a valuable asset into waste and pollution with zero […]
Scott Anderson
New data finds alarming levels of methane emissions in the Permian, posing long-term risk for oil and gas portfolios
4 years ago
Investors managing oil and gas portfolios are contending with major disruption as two interrelated crises play out: the global COVID-19 pandemic and extreme volatility in the price of oil. Yet even before these events, cracks were showing in the sector’s financial footing. Pressure has been rising on industry to improve returns, while demand to deliver […]
Dominic Watson
Now more than ever, it’s time for strong EU standards on methane emissions
4 years ago
As European Union leaders begin the transition from COVID-19 rescue to economic recovery, the need to build back better is taking center stage. Already, national governments representing over 65% of the EU’s population have insisted that leaders stick with the European Green Deal. Their resolve underscores the importance of leadership, resilience and science-based decision making […]
Ben Ratner
Exxon methane proposal shows promise, but misses the mark on rigor, reductions
4 years 1 month ago
It’s big news when one of the world’s largest oil and gas companies announces it supports hard and fast regulations to reduce its industry’s methane emissions. And it deserves to be, since methane pollution is supercharging the climate crisis and enforceable, comprehensive regulations are the only proven way to make a significant dent in this […]
Jon Goldstein
The defining decade for oil and gas in the energy transition
4 years 2 months ago
Business as usual for the oil and gas industry is over. Investor confidence is flagging just as the talent pool shrinks and competition from cleaner energy sources intensifies. Pressure on companies to respond to the climate crisis to maintain their future viability has never been higher. BP’s recent “net-zero” announcement is a case in point. […]
Ben Ratner
The next major ESG opportunity for investors in Europe
4 years 3 months ago
In recent years, institutional investors have demonstrated their formidable influence, as companies respond to investor environmental, social and governance demands and governments take note of forceful investor calls to action. Europe’s leading investors have been especially active, stepping to the vanguard to address the climate crisis with a sense of urgency and injection of ambition. […]
Ben Ratner
EPA’s methane rollback sparks opposition from a diverse group of stakeholders
4 years 4 months ago
Over the last few months the Environmental Protection Agency has accepted comments on its proposal to deregulate methane from the oil and gas industry. And based upon the volume and content of comments they have received, the agency should realize opposition to this proposal is both widespread and strong. It is no surprise that more […]
Jon Goldstein
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37 minutes 36 seconds ago