Methane is becoming a pressing “above ground risk”, a threat to the reputation, license to operate, and long term viability of an entire industry.
I came to Environmental Defense Fund from the management consulting world, and was fortunate to bring a couple of lessons with me. A simple one is that successful companies keep a finger on the pulse of the returns and risks in their industry and core businesses. The oil and gas industry has a growing risk on its hands, and that risk is methane emissions.
Independent study for EDF reveals ample opportunity for industry to use existing, affordable technologies to control emissions from onshore operations
WASHINGTON, D.C., March 3, 2014 /3BL Media/ - An independent analysis conducted by ICF International (ICF) has determined that the onshore segment of the U.S. oil and gas sector can significantly reduce emissions of methane – a highly potent greenhouse gas and the primary ingredient in natural gas – using currently available technologies and at a low annualized cost.