Energy Tomorrow Blog
Posted April 22, 2021
As the White House hosts the Leaders Summit on Climate, it’s important to reiterate the natural gas and oil industry’s commitment to address the climate challenge while also supplying the affordable, reliable energy our country counts on every day. Industry’s goal is to engage with President Biden and Congress on those parallel priorities.
Meeting the climate/energy challenge is at the heart of API’s Climate Action Framework – with an emphasis on “action.” Americans, as seen in new polling, expect our nation to tackle both in a workable, common-sense manner, and the framework details just such a plan of action – from endorsing a government price on carbon to carbon capture, utilization and storage (CCUS), methane regulation and more.
Key in the Climate Action Framework is accelerating technologies and innovation, such as CCUS, to support global leaders’ goal of meeting the world’s growing need for energy while also advancing a lower-carbon future.
Posted March 31, 2021
API’s new Climate Framework touched off predictable reaction from certain circles – ranging from groups that oppose industry’s very existence to others focused on a single aspect of the framework, carbon pricing.
Frankly, API’s action plan speaks to the vast majority of Americans who support commonsense approaches for lowering greenhouse gas emissions and further improving environmental protections – while also providing the energy from natural gas and oil that our country needs to grow and prosper.
Through the Climate Framework our industry is offering substantive leadership on the climate/energy challenge, with the overarching goal of meaningful progress.
Posted March 25, 2021
API’s new Climate Action Framework is much more than a list of policies and actions to address the risks of climate change. It’s a values statement, the natural gas and oil industry’s commitment to lead on the twin necessities of cleaner energy and lower greenhouse gas emissions.
We can achieve both. The natural gas and oil industry details in this framework an action plan to get it done, working together with government and other stakeholders. As the plan states in its opening sentences, it’s the opportunity of our time.
Posted March 5, 2021
We don’t yet know the full extent of the Biden administration’s strategy for U.S. energy. As API President and CEO Mike Sommers has said repeatedly since the election, our industry is ready to work with the administration for a better economy, cleaner environment and progress toward climate goals. Based on remarks by former Secretary of State John Kerry at the CERAWeek conference, there’s important common ground for a cooperative relationship.
“I don’t object per se to fossil fuel," said the president's special envoy for climate. "I object to the byproduct of fossil fuel, which is the carbon. That’s the problem, and the methane, that's another major problem emerging. So, we have to be able to abate. It’s the debate between unabated and abated production.”
Common ground: The natural gas and oil industry also is for abating carbon emissions – and has been working to reduce carbon and capture methane, through innovation and technology, for some time.
Industry investment, innovation and problem-solving on emissions came up so often during CERAWeek, it was hard to track them all. If, as Kerry said, the administration sees carbon and methane emissions as the targets – and not the energy from natural gas and oil – industry not only is a willing partner, it’s one that’s tackling those challenges head on.
Posted February 8, 2021
Across America, we want our roadways to be safer, cleaner and more accessible. Electric-vehicle (EV) technologies may appear to offer clear-cut solutions to modern challenges, but government action to limit Americans’ transportation choice could leave everyday drivers high and dry.
What Americans May Not Know: New cars, SUVs and pickup trucks that are powered by internal combustion engines have become much more efficient over the last few decades. This is in large part because the U.S. energy and automobile industries have invested in lightweight innovations to improve vehicle fuel efficiency while keeping passengers safe. Indeed, multiple studies show that, on a lifecycle basis, different automobile powertrains result in similar greenhouse gas emissions.
Relatedly, National Highway Traffic Safety Administration studies have concluded that plastics and composite materials – which are primarily manufactured using petroleum feedstocks – can considerably reduce the weight of vehicles while meeting performance and safety requirements. And don’t forget today’s cars are about 99% cleaner for most tailpipe pollutants compared to vehicles in 1970.
To be clear, there is room on our roads for every type of powertrain – including EVs. But we should be careful to avoid government interventions that disrupt the marketplace, limit consumer choice and produce unintended results.
Posted January 22, 2021
“The risks of climate change are real. Our companies have played and will continue to play a significant role in reducing greenhouse gas emissions (GHG) that contribute to climate change.”
Above is a quick summary of the natural gas and oil industry’s climate position (more detail here). Basically, industry recognizes significant climate risks and is committed to working to further reduce GHG emissions – both especially relevant with President Biden’s announcement that the U.S. is rejoining the Paris Climate Agreement.As the leading provider of the energy that powers the U.S. economy and Americans’ everyday lives, our industry has a key role to play in the national climate conversation and in developing climate solutions – even as it supports economic growth and U.S. energy security.
Posted January 21, 2021
Any discussion of addressing the risks of climate change should include a focus on reducing methane emissions from natural gas and oil production. While affordable, reliable energy provided by natural gas and oil is essential to our modern economy and Americans’ everyday lives, lowering methane emissions from that production also is essential.
Our industry has and will continue to broadly support methane emissions reduction – through technology, innovation and industry-led initiatives such as The Environmental Partnership, which is laser-focused on bringing down emissions, including a brand-new program to reduce flaring.
Cost-effective public policy also plays a critical role, which is why API is announcing its support for the direct regulation of methane from new and existing sources, as well as its desire to work with the new Biden administration to develop durable regulation that follows the law.
Posted January 19, 2021
Addressing the challenge of global climate change will require the collective efforts of the U.S. government and the business community, and America’s natural gas and oil industry is committed – through public policies and private-sector initiatives – to delivering climate solutions.
API supports the ambitions of the Paris Climate Agreement, including the call for global action to reduce greenhouse gas emissions. By encouraging the development of groundbreaking technologies, like carbon capture, utilization and storage, and promoting the uptake of cleaner-burning natural gas, our members are driving environmental progress while meeting the world’s long-term energy needs.
Posted December 16, 2020
A new program aimed at reducing flaring in upstream operations underscores The Environmental Partnership’s founding commitment – to seek ways to expand members’ efforts to further reduce emissions and improve industry’s environmental performance.
The flaring program is a significant addition to The Partnership’s list of performance programs. As with programs on pneumatic controllers, manual liquids unloading, leak detection and repair, compressors and pipeline blowdowns, the flaring program will focus on shared technologies, knowledge and best practices to foster actions that reduce flaring.
It’s a critically important step for The Partnership, which has more than 80 members, representing more than 70% of total U.S. onshore oil and natural gas production.
Posted December 14, 2020
That includes addressing the risks of climate change. Americans do not have to make the false choice between utilizing our nation’s energy resources and protecting the environment. We can do both.
Here are four ways natural gas and oil companies are stepping up.