Methane emissions: Why this profitable c • Table.Briefings

Methanleaks bei der Öl- und Gasförderung und Transport zu schließen, ist oft kosteneffizient. Und trotzdem gibt es viele Hürden. — Closing methane leaks during oil and gas production and transportation is often cost-effective. And yet there are still many hurdles.

Reducing methane emissions is considered the most efficient measure against the climate crisis, and one that is also economically viable. Despite this, little is being done. This is because other investments are more lucrative, banks shy away from the business and bureaucratic hurdles hinder progress.

Three years after the launch of the Global Methane Pledge to reduce methane emissions by 30 percent by 2030, emissions of the dangerous greenhouse gas in the energy sector are still at almost record levels. At a high-level summit on Sept. 24, the International Energy Agency (IEA) and the host of the next climate conference, Azerbaijan, want to bring new momentum to the Global Methane Pledge. But that is not so easy.

Methane emissions: Why this profitable climate solution is hardly ever implemented

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