Posted 3/13/2024, 5:41:00 PM
US Oil and Gas Sites Leaking Far More Methane Than EPA Estimates, Causing Billions in Climate Damage
- US oil and gas sites leak 3 times more methane than official EPA figures, causing $9.3B in climate damage annually
- Just 1% of sites account for over 50% of leaks, presenting a large but "fixable" opportunity
- Methane is 80 times more potent than CO2 as a heat-trapping gas over 20 years
- The US is the #1 oil and gas methane emitting country; China emits the most from coal
- Monitoring leaks from space is a growing trend with the launch of MethaneSat satellite