>➢ Nearly 50 oil and gas companies signed onto a “decarbonization charter,” committing to reduce the ratio of methane released to fuels produced to 0.2% by 2030, and to capture the gas instead of flaring it. For reference, the current methane intensity of U.S. oil and gas production is about 2.5%.
That sounds soooooooo ambitious. 0.2%. Wow. We’re all surely gonna be saved by the grace of oil and gas companies. /s
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>➢ Nearly 50 oil and gas companies signed onto a “decarbonization charter,” committing to reduce the ratio of methane released to fuels produced to 0.2% by 2030, and to capture the gas instead of flaring it. For reference, the current methane intensity of U.S. oil and gas production is about 2.5%.
That sounds soooooooo ambitious. 0.2%. Wow. We’re all surely gonna be saved by the grace of oil and gas companies. /s