Sustainability: Gas drillers can easily cut emissions
A new report finds that natural gas drillers could slash their greenhouse gas emissions by as much as 75 percent simply by cleaning up their supply chain. Half of those cuts could come at zero cost because the captured methane could be sold.
“Implementing just those measures that pay for themselves, by monetizing the captured methane, would have the same long-term impact on mitigating climate change as immediately shutting all existing coal-fired power plants in China,” said Christophe McGlade, an oil and gas analyst at the IEA, which contributed to the report.
According to a survey of energy executives, two-thirds of the 189 respondents were surprised by the scale of possibilities.
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