Energy Tomorrow Blog
Posted March 26, 2019
Natural gas is playing a lead role in meeting rapidly increasing global energy demand, and its growing use in electricity generation has resulted in significant savings in carbon dioxide emissions worldwide. These points were echoed by the International Energy Agency (IEA) in its Global Energy and CO2 Status Report released this week.
Posted March 18, 2019
The oil and natural gas industry is laser-focused on reducing methane emissions from production for two very important reasons.
First, the risks of climate change are real, requiring real solutions. Our industry takes these risks seriously, and we are driving solutions – evident in our innovation and technical work and in our long working relationship with the EPA.
Second, our members are in the business of providing natural gas, of which methane is the chief component, for clean electricity generation, to heat Americans’ homes and to supply manufacturers and other businesses that have realized billions in cost savings as a result. There’s no question that industry is highly motivated to capture as much methane as possible for progress on climate goals and for its customers. The results speak for themselves.
Posted January 30, 2019
Reducing methane emissions from natural gas and oil development is a primary industry mission – underscored at last summer’s World Gas Conference, where speakers from all over the world talked about increased methane capture and reduced emissions.
The reasons are clear. Fundamentally, our industry is in the business of producing and delivering natural gas, of which methane is the main constituent. Capturing as much methane as possible is smart and efficient from a business standpoint.
Equally important, natural gas and oil companies recognize that reducing methane emissions is responsive to the expectations of society, which wants energy to be produced safely and in a way that’s environmentally responsible. Operators are innovating and deploying technologies to achieve those goals. …
All of these points are important to counter a faulty narrative – that more government regulation is the only way to reduce emissions. This view often faults efforts to craft a regulatory approach that strives for greater efficiency, is achievable and fosters innovation.
Posted January 16, 2019
Welcome to America’s Generation Energy – Americans from all walks of life who have unique opportunities for work, prosperity, health and quality of life thanks to abundant U.S. natural gas and oil.
Our industry is helping lead the way. We’re delivering record volumes of the natural gas and oil that power and support modern life, and we’re doing so with lower emissions and cleaner, more efficient products and operations.
Posted January 11, 2019
Before getting into a new report showing an uptick in energy-related carbon dioxide emissions last year, let’s make sure we keep an eye on the big picture as it concerns U.S. CO2. These points: U.S. CO2 emissions have fallen to their lowest level in a generation – even as global emissions have risen 50 percent since 1990. The leading reason for this favorable trendline is increased use of natural gas in power generation. Nine times this century the U.S. has reduced annual emissions more than any other nation, with clean natural gas playing a key role. As natural gas use in power generation increased, U.S. energy-related CO2 emissions decreased 8 percent between 2010 and 2017.
Now, into that context comes a preliminary estimate from the Rhodium Group that final 2018 data will show CO2 increased 3.4 percent last year. The estimate is consistent with a forecast in the U.S. Energy Information Administration’s Short-Term Energy Outlook. EIA said the emissions increase reflects 2018’s colder winter (heating) and warmer summer (electricity for cooling).
Significantly, both EIA and Rhodium expect declining CO2 emissions will resume this year.
Posted December 7, 2018
Bolstered by natural gas and innovation, the U.S. has proven that you can reduce emissions without sacrificing affordable energy. We have a road map to success, and we have forged a path for others to follow. As world leaders meet this week in search of a plan, we offer our experiences as a way for us all to build on this progress.
Posted December 5, 2018
The recent National Climate Assessment – projecting significant impacts to the country and the economy in the absence of more measures to address climate change – has garnered a good deal of attention, as well it should. The report raises a number of important questions for the national climate conversation, leading to a consensus path forward for the United States.While we don’t know all the ways our country may address climate in the years ahead, we must define meaningful progress as taking action and producing results – both of which our industry has been doing and will continue to do.
Posted November 20, 2018
Posted November 14, 2018
The good news is that EPA’s proposed amendments to the 2016 New Source Performance Standards (NSPS) OOOOa rule will continue the rule’s ability to effectively reduce volatile organic compound and methane emissions from all emission sources addressed in the previous administration’s rule. Methane is the primary component of natural gas – a key product for industry. Producers are incentivized to bring that product to consumers, making its capture a top priority from a business standpoint, in addition to the environmental considerations. Unfortunately, the proposed rule includes several missed opportunities, and could ultimately stifle innovative new technologies in emissions detection and increase the cost of energy for Americans.
Posted October 23, 2018
Two stat lines capture the essence of modern natural gas and oil development:
First, the United States produced a record 11 million barrels of oil per day (mbd) in September, 2.2 mbd more than September 2017, according to API’s latest Monthly Statistical Report (MSR). It’s a remarkable output number, given where domestic production was less than two decades ago.
Second point: Just as remarkable is the fact the United States’ world leadership in natural gas and oil production is accompanied by world leadership in cutting greenhouse gas emissions.