Zürcher Nachrichten - US targets fossil fuel 'super-emitters' of methane

EUR -
AED 4.33068
AFN 75.469752
ALL 95.373151
AMD 434.277746
ANG 2.110664
AOA 1082.522302
ARS 1649.3201
AUD 1.625387
AWG 2.125541
AZN 1.995362
BAM 1.95525
BBD 2.368733
BDT 144.309375
BGN 1.967056
BHD 0.444075
BIF 3500.514569
BMD 1.179218
BND 1.49128
BOB 8.126712
BRL 5.795969
BSD 1.176069
BTN 111.059736
BWP 15.789555
BYN 3.323564
BYR 23112.673547
BZD 2.365334
CAD 1.60922
CDF 2670.92815
CHF 0.915964
CLF 0.026705
CLP 1050.534264
CNY 8.019567
CNH 8.014278
COP 4394.962773
CRC 540.647802
CUC 1.179218
CUP 31.249278
CVE 110.233968
CZK 24.335173
DJF 209.431043
DKK 7.476713
DOP 69.940311
DZD 156.042073
EGP 62.197491
ERN 17.688271
ETB 183.635605
FJD 2.5742
FKP 0.865141
GBP 0.864688
GEL 3.15439
GGP 0.865141
GHS 13.24827
GIP 0.865141
GMD 86.695397
GNF 10319.09507
GTQ 8.979472
GYD 246.070729
HKD 9.236463
HNL 31.265199
HRK 7.539087
HTG 153.976654
HUF 353.989694
IDR 20491.802496
ILS 3.421264
IMP 0.865141
INR 111.348251
IQD 1540.666287
IRR 1546544.457081
ISK 143.876452
JEP 0.865141
JMD 185.35782
JOD 0.83607
JPY 184.706847
KES 151.887242
KGS 103.087829
KHR 4718.671646
KMF 492.91338
KPW 1061.295931
KRW 1723.792866
KWD 0.362798
KYD 0.980124
KZT 543.556983
LAK 25791.739363
LBP 105318.051896
LKR 378.643408
LRD 215.809247
LSL 19.294268
LTL 3.481924
LVL 0.713297
LYD 7.436906
MAD 10.756172
MDL 20.111338
MGA 4912.617048
MKD 61.617654
MMK 2475.701034
MNT 4221.724801
MOP 9.482631
MRU 47.007767
MUR 55.210619
MVR 18.164382
MWK 2038.926022
MXN 20.468904
MYR 4.62374
MZN 75.363639
NAD 19.294268
NGN 1609.632307
NIO 43.277817
NOK 10.859773
NPR 177.695977
NZD 1.984381
OMR 0.453622
PAB 1.176069
PEN 4.066255
PGK 5.193538
PHP 71.360333
PKR 327.773928
PLN 4.23982
PYG 7183.977637
QAR 4.29879
RON 5.219576
RSD 117.336968
RUB 87.545155
RWF 1724.114644
SAR 4.442688
SBD 9.456659
SCR 17.540162
SDG 708.118256
SEK 10.86732
SGD 1.503385
SHP 0.880405
SLE 29.067335
SLL 24727.608129
SOS 672.110794
SRD 44.101584
STD 24407.432557
STN 24.493105
SVC 10.291103
SYP 130.399137
SZL 19.281572
THB 37.974336
TJS 10.972811
TMT 4.127263
TND 3.416038
TOP 2.839274
TRY 53.474588
TTD 7.970756
TWD 36.928418
TZS 3063.737527
UAH 51.660757
UGX 4406.759452
USD 1.179218
UYU 46.906795
UZS 14265.98398
VES 588.70806
VND 31022.868147
VUV 138.279547
WST 3.192258
XAF 655.772393
XAG 0.014675
XAU 0.00025
XCD 3.186895
XCG 2.119603
XDR 0.81557
XOF 655.772393
XPF 119.331742
YER 281.390924
ZAR 19.327106
ZMK 10614.362644
ZMW 22.390697
ZWL 379.707727
  • JRI

    0.0000

    13.15

    0%

  • CMSD

    0.1140

    23.534

    +0.48%

  • RIO

    2.2700

    105.38

    +2.15%

  • BCE

    -0.4300

    24.14

    -1.78%

  • BCC

    -2.0900

    70.67

    -2.96%

  • BTI

    0.2000

    58.28

    +0.34%

  • RBGPF

    0.7000

    63.61

    +1.1%

  • GSK

    -0.0900

    50.41

    -0.18%

  • NGG

    0.9800

    86.89

    +1.13%

  • RELX

    0.0759

    33.58

    +0.23%

  • RYCEF

    -0.4100

    16.37

    -2.5%

  • CMSC

    0.1400

    23.11

    +0.61%

  • BP

    -0.4700

    43.34

    -1.08%

  • VOD

    0.5100

    16.2

    +3.15%

  • AZN

    0.3300

    182.85

    +0.18%

US targets fossil fuel 'super-emitters' of methane
US targets fossil fuel 'super-emitters' of methane / Photo: Paul Ratje - AFP/File

US targets fossil fuel 'super-emitters' of methane

On the hunt for the methane "super-emitters", US President Joe Biden on Friday unveiled a plan to plug oil and gas leaks and tighten regulation as several global emitters vowed to step up efforts to slash pollution of the powerful greenhouse gas.

Text size:

Methane, released from the oil and gas, waste and agriculture sectors as well as through natural processes, is responsible for roughly 30 percent of the global rise in temperatures to date.

Dozens of countries have signed up to cutting their emissions of the short-lived but potent gas by a third this decade and Biden said this could be "our best chance" to meet the Paris climate deal's more ambitious goal of limiting warming to 1.5 degrees Celsius.

"We have to make vital progress by the end of this decade," he told an audience at COP27 in the Egyptian seaside resort of Sharm el-Sheikh.

With recent data showing methane concentrations in the atmosphere made their biggest increase on record in 2021, the United States, the European Union, Japan, Canada, Norway, Singapore and Britain signed an agreement committing to "immediate action to reduce the greenhouse gas emissions associated with fossil energy production and consumption".

They also vowed to minimise flaring -- burning off unwanted natural gas from oil and gas wells -- and to minimise methane and carbon dioxide "across the value chain to the fullest extent practicable, while also working to phase down fossil fuel consumption", according to a statement from the EU.

- 'Hot spots' -

Biden pledged to invest more than $20 billion in cutting emissions in the United States, including improving equipment and capping leaks in the oil and gas industry.

He also touted "strong regulatory actions" from the country's Environmental Protection Agency, which, if finalised, would toughen up standards for methane and other harmful air pollutants.

This was "especially from super emitters", he said, referring to a programme that would require operators to respond to credible third-party reports of high-volume methane leaks.

Earlier this week, the newly-launched TRACE satellite monitoring project said the top 14 largest emitters are all oil and gas extraction sites.

And of those, the biggest emitter on the planet is the Permian Basin in Texas -- one of the largest oilfields in the world -- said former US vice president Al Gore, a project founder.

On Friday, the UN Environment Programme unveiled its satellite-based Methane Alert and Response System (MARS), which will use data from global mapping satellites to detect methane "hot spots" and large plumes of the gas, and identify their source.

- 'Game changer' -

Biden said the measures announced Friday would enable the US to reduce its emissions from covered sources by 87 percent below the levels of 2005, by 2030.

At last year's COP26 climate summit in Glasgow, more than 100 nations agreed under the Global Methane Pledge to reduce emissions 30 percent by 2030, spearheaded by the US and European Union.

But several major methane emitters -- including China, Russia, Iran and India -- failed to sign.

That figure has grown to 130, Biden said Friday, adding it was a "game changer".

Governments have zeroed in on emissions of methane, which lingers in the atmosphere only a fraction as long as CO2, but is far more efficient at trapping heat. Levels of the gas are their highest in at least 800,000 years.

European Commission President Ursula von der Leyen said countries working together could reduce warming by 0.1C by mid-century, adding "every fraction of a degree counts in our fight to preserve our planet for future generations".

Rachel Cleetus, lead economist at the Union of Concerned Scientists' climate programme, said the swathe of new announcements on methane "are critical" to addressing planet-heating methane pollution.

"We urgently need better tracking of methane emissions and stronger rules to reduce these emissions," she said.

The International Energy Agency has decried the enormous amount of methane that leaks from fossil fuel operations, estimating the amount lost last year globally was broadly similar to all the gas used in Europe's power sector.

In October, NASA said a methane plume about two miles (3.3 kilometres) long was detected southeast of Carlsbad, New Mexico, in the Permian Basin.

U.Ammann--NZN