A project to develop a standardised method of estimating methane emissions generated from the energy industry has been concluded by the International Energy Forum (IEF), culminating a four-month long collaborative effort.
Methane emissions are second only to carbon dioxide (CO2) as a contributor to climate change, yet just 10% of what is observed via satellite is reported.
The finalised methodology focuses on standardising the management of methane emissions, with their reduction being seen by many as the single most effective way to slow global warming and meet Paris Agreement targets.
Three key metrics have been studied in the methodology including methane intensities of hydrocarbon production across the supply chain, super-emitter events, and flaring intensities.
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