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EPA proposes new rulemaking for sharp cuts in methane emissions from oil and gas industry

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The US Environmental Protection Agency (EPA) is proposing comprehensive new regulations to reduce methane emissions from the oil and natural gas industry—including, for the first time, reductions from existing sources nationwide. Source: EPA. billion a year. billion a year.

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ICCT life-cycle analysis finds no climate benefit in using LNG as marine fuel

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The results of a new analysis by the International Council on Clean Transportation (ICCT) show that, when combined with a trend toward higher methane leakage and combustion slip, there is no climate benefit from using liquefied natural gas (LNG) as a marine fuel—regardless of the engine technology. First, it contains very little sulfur.

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MIT team finds aviation emissions’ impacts on air quality larger than on climate

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Researchers at MIT have determined that growth in aviation causes twice as much damage to air quality as to the climate. Aviation emissions are an increasingly significant contributor to anthropogenic climate change. Aviation emissions are an increasingly significant contributor to anthropogenic climate change.

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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. —Snam CEO Marco Alverà.

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California Energy Commission approves first local energy efficiency standards that go beyond 2019 statewide requirements

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The California Energy Commission (CEC) approved six applications for local energy ordinances that exceed statewide requirements of the 2019 Building Energy Efficiency Standards. The 2019 standards take effect 1 January 2020. There is a clear mandate to decarbonize our energy systems and our economy.

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U of Toronto study finds US electrification of LDV fleet not a silver bullet for tackling climate change in vehicle sector

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The paper is published in the journal Nature Climate Change. A lot of people think that a large-scale shift to EVs will mostly solve our climate problems in the passenger vehicle sector. This will come at the cost of deploying a large amount of renewable-based electricity, ‘smart’ infrastructure and behaviors.

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IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

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More frequent boom-bust cycles will harm consumers and producers recovering from COVID, set back UN Climate and Sustainable Development goals and threaten global security. Global demand for oil and gas, meanwhile, has rebounded to near 2019 levels and is set to keep rising for several years. Investment slumped by 30% in 2020.

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