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    TF2: Climate Change and Environment [GGP]

Summary

Measurement, reporting, verification, and certification of methane emissions from fossil fuel production and natural gas value chains.

by: T20, OIES

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Complimentary, Natural Gas & LNG News, Global Gas Perspectives, Insights, Energy Transition

TF2: Climate Change and Environment [GGP]

G20 countries account for 60–90% of the global production and consumption of fossil fuels. Methane is the second largest source of greenhouse gas emissions, with a substantially higher warming potential than carbon dioxide. Improved standards of measurement, reporting, verification, and certification of methane emissions based on empirical observations can be a relatively simple and low-cost method of reducing greenhouse gas emissions as compared to other measures achieving similar reductions. Such measures are also essential to determine the extent to which switching from oil and coal to natural gas would significantly contribute to the reduction of greenhouse gas emissions.

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