Energy Tomorrow Blog
Posted April 15, 2021
EPA’s latest greenhouse gas (GHG) emissions report shows continued progress in lowering U.S. emissions. A good deal of this progress can be attributed to increased use of domestic natural gas. Some key numbers stand out:
Total GHG emissions fell 1.7% from 2018 to 2019 and have decreased 11.6% since 2005; emissions from the electric power sector have fallen 12.1% since 1990 and 33% since 2005; methane emissions from natural gas systems have decreased 4% since 2005 – even as marketed natural gas production over the same period increased more than 90%; emissions from abandoned oil and natural gas wells have fallen 2.9% since 1990, 8% since 2005 and 9.5% since 2018 – reflecting reductions in the official estimate of unplugged, abandoned wells.
EPA gives significant credit for the 1.7% emissions decrease noted above to growing use of cleaner natural gas.
Posted April 14, 2021
Timely, accurate reporting of greenhouse gas (GHG) emissions – by our industry and all emitting sectors of the economy – is critically important for our country’s efforts to address the risks of climate change. That’s why enhancing the consistency and comparability of our industry’s GHG reporting is one of the main elements of the Climate Framework action plan API unveiled last month.
As the U.S. Securities and Exchange Commission (SEC) increases its focus on climate and ESG (environmental, social, governance) reporting, let’s just say that the natural gas and oil industry is on it. Not only do we see the value of reporting to stakeholders and the importance of accurate, transparent GHG reporting in developing sound, we want to drive it.
Indeed, industry is well-positioned to be a reporting leader; we’re not newcomers to it.
Posted June 9, 2016
Competitive forces and industry innovation continue to drive technological advances and produce clean-burning natural gas, which has led to reducing carbon emissions from power generation to their lowest level in more than 20 years, making it clear that environmental progress and energy production are not mutually exclusive.
Posted December 14, 2015
The New York Times reports that weekend exultation over the new global climate agreement was quickly replaced by the realization that talking about emissions goals in Paris could be dwarfed by what it takes to produce actual results:
Before the applause had even settled … world leaders warned that momentum from the historic accord must not be allowed to dissipate. “Today, we celebrate,” said Miguel Arias Cañete, the European Union’s energy commissioner and top climate negotiator. “Tomorrow, we have to act.” With nearly every nation on Earth having now pledged to gradually reduce emissions of the heat-trapping gases … much of the burden for maintaining the momentum shifts back to the countries to figure out, and carry out, the concrete steps needed to deliver on their vows.
Actually, the figuring out part has been done and real emissions reductions have been realized in the United States – without the heavy hand of government, without one-size-fits-all frameworks, without economy-hamstringing interventions.
Posted August 24, 2015
Our series highlighting the economic and jobs impact of energy in each of the 50 states continues today with Kentucky. We started the series with Virginia on June 29. All information covered in this series can be found online here, arranged on an interactive map of the United States. State-specific information across the country will be populated on this map as the series continues.
As we can see with Kentucky, the energy impacts of the states individually combine to form energy’s national economic and jobs picture: 9.8 million jobs supported and $1.2 trillion in value added.
Posted February 28, 2014
The scope of shale energy’s benefits and their impact on the United States – jobs, economic stimulus and increased energy security – seems ever-expanding. Speakers at Bloomberg’s “Energy 2020” event described energy reserves large enough and technologies so advanced that Americans can contemplate a far friendlier future than would have been possible just a few years ago.
GE Chairman and CEO Jeffrey Immelt:
“A lot is taking place in natural gas. People historically have viewed this as a transition fuel. Now it’s becoming more of a baseload fuel. There’s more supply diversity, it’s viewed incrementally as cleaner and an interim solution to environmental issues. We see that taking place.”