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

EUR -
AED 4.100541
AFN 77.413379
ALL 99.399129
AMD 432.522876
ANG 2.01379
AOA 1036.582754
ARS 1074.840314
AUD 1.638402
AWG 2.009533
AZN 1.897724
BAM 1.956408
BBD 2.256061
BDT 133.531523
BGN 1.965931
BHD 0.42069
BIF 3238.849139
BMD 1.116407
BND 1.442823
BOB 7.721263
BRL 6.056951
BSD 1.117427
BTN 93.461652
BWP 14.702308
BYN 3.656772
BYR 21881.580359
BZD 2.25225
CAD 1.514613
CDF 3205.205045
CHF 0.946283
CLF 0.037662
CLP 1039.219035
CNY 7.873799
CNH 7.872619
COP 4650.114928
CRC 578.833333
CUC 1.116407
CUP 29.58479
CVE 110.296334
CZK 25.090913
DJF 198.97831
DKK 7.459754
DOP 67.075451
DZD 147.825397
EGP 54.173877
ERN 16.746107
ETB 128.596137
FJD 2.455869
FKP 0.85021
GBP 0.83926
GEL 3.047887
GGP 0.85021
GHS 17.599236
GIP 0.85021
GMD 76.474898
GNF 9654.915838
GTQ 8.637454
GYD 233.728494
HKD 8.699742
HNL 27.718371
HRK 7.590465
HTG 147.253152
HUF 394.292293
IDR 16913.28939
ILS 4.20618
IMP 0.85021
INR 93.316901
IQD 1463.742058
IRR 46992.371728
ISK 152.289464
JEP 0.85021
JMD 175.553018
JOD 0.791199
JPY 160.503655
KES 144.139301
KGS 94.085197
KHR 4535.288434
KMF 492.726608
KPW 1004.765812
KRW 1489.013615
KWD 0.340571
KYD 0.931181
KZT 535.171625
LAK 24673.45152
LBP 100061.122739
LKR 340.132722
LRD 223.475489
LSL 19.46858
LTL 3.29646
LVL 0.675304
LYD 5.32256
MAD 10.836176
MDL 19.498889
MGA 5034.475344
MKD 61.633614
MMK 3626.046911
MNT 3793.551484
MOP 8.970209
MRU 44.231754
MUR 51.22014
MVR 17.147489
MWK 1937.559121
MXN 21.703614
MYR 4.686123
MZN 71.282382
NAD 19.46858
NGN 1830.829635
NIO 41.122419
NOK 11.727561
NPR 149.530444
NZD 1.789646
OMR 0.429775
PAB 1.117427
PEN 4.194911
PGK 4.43634
PHP 62.087309
PKR 310.770571
PLN 4.277173
PYG 8722.55613
QAR 4.073657
RON 4.974597
RSD 117.085453
RUB 103.966336
RWF 1504.840991
SAR 4.189301
SBD 9.273924
SCR 15.205395
SDG 671.516557
SEK 11.363724
SGD 1.441756
SHP 0.85021
SLE 25.506892
SLL 23410.494226
SOS 638.592859
SRD 33.328128
STD 23107.374219
SVC 9.776953
SYP 2805.006413
SZL 19.453701
THB 36.873802
TJS 11.877787
TMT 3.907425
TND 3.384361
TOP 2.614734
TRY 38.083886
TTD 7.595294
TWD 35.710288
TZS 3046.342404
UAH 46.304169
UGX 4149.215921
USD 1.116407
UYU 45.903041
UZS 14235.29914
VEF 4044243.591204
VES 41.033447
VND 27452.452093
VUV 132.542101
WST 3.123107
XAF 656.149283
XAG 0.035721
XAU 0.000428
XCD 3.017146
XDR 0.828143
XOF 656.149283
XPF 119.331742
YER 279.464658
ZAR 19.611015
ZMK 10049.009427
ZMW 29.079391
ZWL 359.48265
  • RBGPF

    60.5000

    60.5

    +100%

  • CMSC

    0.0650

    25.12

    +0.26%

  • CMSD

    0.0300

    25.01

    +0.12%

  • BCC

    7.6300

    144.69

    +5.27%

  • AZN

    0.3200

    78.9

    +0.41%

  • NGG

    -1.2200

    68.83

    -1.77%

  • GSK

    -0.8100

    41.62

    -1.95%

  • RYCEF

    -0.0200

    6.93

    -0.29%

  • SCS

    -0.8000

    13.31

    -6.01%

  • RIO

    2.2700

    65.18

    +3.48%

  • RELX

    0.7600

    48.13

    +1.58%

  • BCE

    -0.4200

    35.19

    -1.19%

  • VOD

    -0.1700

    10.06

    -1.69%

  • JRI

    -0.0400

    13.4

    -0.3%

  • BTI

    -0.3100

    37.57

    -0.83%

  • BP

    0.3300

    32.76

    +1.01%

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