The amount of methane in the atmosphere has tripled in the last century. Methane pollution from human activity accounts for at least 25% of today’s global warming. According to the IPCC, “deep reductions” in non-CO2 emissions like methane are critical. If the world is to avoid the worst impacts of climate change, methane emissions must rapidly decline by 2030.
Reducing methane reduces global temperatures. Because methane only lasts in the atmosphere for around a decade, any reductions will have a near-immediate impact in slowing down warming.
Oil and gas methane emissions present a particularly important opportunity, as it offers the most immediate and lowest-cost options to reduce this potent greenhouse gas. The International Energy Agency estimates the industry could reduce its global emissions by 75% and that up to 40% of those reductions can be realized at zero net cost.