Energy Tomorrow Blog
Posted June 24, 2021
As an integral of its Climate Action Framework, API has developed a template of core greenhouse gas (GHG) indicators to guide individual natural gas and oil companies in their climate-related reporting. The template will help standardize reporting on a base set of specific indicators. Companies that use the template will do so in 2022 to report 2021 data. In the Q&A below, Dr. Aaron Padilla, API manager of climate and ESG policy, explains what the template is, how it was developed and its role in industry’s efforts to address the risks of climate change.
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 November 6, 2020
The natural gas and oil industry has advanced sector-wide guidance for sustainability reporting for over fifteen years, reinforcing its longstanding commitment to energy and environmental progress.
Earlier this year, three international natural gas and oil industry associations – API, IPIECA and IOGP – released an updated version of the “Sustainability Reporting Guidance for the Oil and Gas Industry,” which provides a common framework for assessing environmental, social and governance (ESG) issues.
In September, IPIECA released the results of its annual reporting survey, identifying widely used performance indicators and emerging trends. The findings, which include answers from 27 of the world’s largest energy companies, highlight the progress of industry leaders and partner organizations.
Posted September 21, 2020
America’s natural gas and oil industry is committed to reducing the risks of climate change by producing ever-cleaner fuels and continuously improving environmental performance. As a nation, we’ve made significant progress over the years, with national greenhouse gas emissions down 10% since 2005.
Tackling the challenge of climate change will require a collaborative, cross-sector effort, and API is prepared – with climate policy principles – to constructively engage to identify workable policy solutions that deliver economic and environmental progress.
This Climate Week, let’s recognize the ongoing role that energy operators will continue to play in safely developing resources in the U.S. and decreasing greenhouse gas emissions worldwide.
Posted January 27, 2020
In his Jan. 10 column, the Houston Chronicle’s Chris Tomlinson took some shots at API’s new Energy for Progress campaign, which I addressed in a letter to the Chronicle’s editor. There’s only so much you can say in the 250 words you’re allotted for an LTE, so I thought I’d tackle Tomlison’s criticisms in greater detail here – actually, the kind of back-and-forth we’re trying to spark in our campaign.
For starters, Chris – like some politicians – fell prey to a tired and inaccurate caricature of the industry and dedicated his column to questioning our industry’s intentions instead of dedicating ink to the actual objectives before modern society – addressing the growing challenge of climate change while also making sure Americans have the energy they need.
Posted August 13, 2019
Now’s a good time to revisit the potential impacts of the “Green New Deal” and other anti-natural gas and oil ideas that have gained so much traction with the Democratic presidential contenders.
As we said a few months ago, fundamentally reordering American energy and Americans’ way of life should be measured by impacts on U.S. consumers, the economy and the country’s energy future.
Posted June 27, 2019
As we head into the second night of debate among contenders for the Democratic nomination, and another opportunity to hear how the candidates plan to address the risks of climate change, let’s take a moment to remember that the U.S. natural gas and oil industry is already developing energy solutions to help address the issue while ensuring that American families have access to the reliable and affordable energy they depend on.
No discussion about the need to reduce carbon emissions is complete without acknowledging the key role that natural gas has played and will continue to play going forward. America is leading the world in reducing carbon emissions largely because of clean natural gas.
Posted June 4, 2019
Some important points as the U.S. House Select Committee on Intelligence meets this week to talk about the impacts of climate change on U.S. security interests, global humanitarian conditions and other issues.
First, U.S. security is the responsibility of the U.S. military, which is the largest government user of energy, ranking ahead of many countries in overall energy use. More than any other energy sources and by a wide margin, natural gas and oil power America’s military.
Second, U.S. national security is directly tied to having access to safe, reliable, abundant energy and also decreasing dependence on energy supplied by other nations. Thanks to the U.S. energy revolution, resulting in record oil production, America’s dependence on others has fallen significantly since 2006.
Third, on the humanitarian issue, U.S. natural gas and oil offer a golden opportunity to lift regions and even entire countries out of energy poverty – with power for electricity that’s unavailable to nearly 1 billion people on earth and clean fuel for home heating and cooking, which about 2.7 billion people currently live without.
Posted February 13, 2019
The Green New Deal is getting quite a bit of attention in Washington right now, and naturally, people want to know what the natural gas and oil industry thinks about the proposal to revolutionize America’s economy and way of life – since it appears the plan aims to eliminate natural gas and oil, the nation’s leading fuels, right when there’s record energy demand by consumers.
My reaction is that any proposal that would fundamentally reorder American energy – and the way of life in this country – should first be measured by its impacts on American consumers, the economy and the country’s opportunity for future prosperity.
Especially this one. There’s little question that GND would significantly alter America as we know it.
Posted January 25, 2016
Now, read what the energy company says about the future of natural gas:
The biggest expected growth will be in natural gas, which provides a practical energy solution for many applications while also providing a significant cost advantage versus other options to help reduce climate change risks.