Earlier today the United States and Canada released a joint statement outlining a variety of ways both countries are taking action on climate change and advancing low-carbon energy. One of the most significant developments is that the United States is starting a process to develop rules that will limit methane emissions from existing oil and natural gas infrastructure for the first time.
Following is a statement from Sam Adams, US Climate Director, World Resources Institute:
“The U.S. and Canada have reinvigorated their partnership to address the climate challenge. Today’s joint announcement will reduce dangerous methane gas, one of the most potent greenhouse gases. For the first time, the United States is taking concrete measures to rein in methane leaks from existing oil and gas infrastructure that will protect the atmosphere and people’s health.
“Cutting methane emissions is a smart move for business. The oil and gas industry wastes more than 9 million metric tons of methane pollution annually, which is enough to power over 6.5 million homes in one year. Measures to reduce methane leaks from natural gas systems pay for themselves in three years or less. One recent study estimates that vast majority of natural gas developments can eliminate leaks at an average cost of a penny per thousand cubic feet. The business case is obvious -- avoiding leaks means that more product can be delivered to consumers.
“This joint US-Canada announcement builds on the momentum of the landmark Paris Agreement. It demonstrates a strong mutual commitment by President Obama and Prime Minister Trudeau to meet the countries’ international targets. Following up on today’s announcements will be important to slow climate change and encourage more leadership by the global community.”