Methane Clips: August 1, 2023

 

Colorado’s Methane Pollution Verification Rule Is A Game-Changer: Here Are Three Reasons Why. According to EDF, “On Thursday, July 20th we saw a major shift in how methane emissions from oil and gas sources can be regulated, and to no one’s surprise it came from the nation’s leading state on this issue: Colorado. Methane is a potent, fast acting climate pollutant causing about a quarter of current global warming, and when it leaks from oil and gas facilities, it also creates harmful air pollution.  Fortunately, oil and gas methane emissions can be controlled and are one of the most affordable, actionable climate solutions we have.” [EDF, 7/31/23 (=)]

 

Software Company Gets Millions For Methane Management Tech. According to Government Technology, “Investment dollars are finding their way to the methane detection space as efforts intensify to detect, measure, quantify and end methane emissions. SensorUp, a software company with a comprehensive methane emissions management platform, recently received $12 million in a Series B fundraising round led by Climate Investment, a decarbonization investor. Evok Innovations also participated in the funding round. SensorUp has developed the SensorUp Gas Emissions Management Solution (GEMS), a data integration platform for methane leak detection and repair, measurement reconciliation, reporting and verification of methane emissions. SensorUp GEMS enables swift detection and mitigation of methane emissions by providing contextualized, actionable and auditable insight to its customers.” [Government Tech, 7/31/23 (=)]

 

Oil And Gas Sector's Low Compliance With Methane Regulations Jeopardizes Canada's Net-Zero Goals. According to Phys.org, “Regulating greenhouse gas (GHG) emissions is an important part of Canada's strategy to achieve net-zero emissions by 2050. However, a newly published study by our team of researchers at St. Francis Xavier University illustrates why regulation is only a first step. When it comes to climate change, carbon dioxide gets the media attention. However, methane has 80 times more warming power within its first 20 years of reaching the atmosphere. Targeting methane is an efficient way of reaching Canada's emissions reduction goals.” [Phys.org, 7/31/23 (=)]