Fossil Fuel Firms Lagging In Cutting Methane Emissions

The International Energy Agency (IEA) has warned that the fossil fuel industry is failing to tackle methane emissions despite its pledges to uncover and fix leaking infrastructure, Reuters reported.

Photo Insert: In 2022, the global energy industry released into the atmosphere some 135 million tons of methane, as per the IEA.

In 2022, the global energy industry released into the atmosphere some 135 million tons of methane – a potent greenhouse gas (GHG) responsible for roughly a third of the rise in global temperatures since the industrial revolution.

Last year's emissions rose above 2020 and 2021 levels and were only slightly below the record amount released in 2019, despite high energy prices and surging demand for natural gas that provided extra incentives to capture methane, an IEA report said.

Methane is the main component of natural gas, so captured emissions can be sold as fuel. The energy sector accounts for about 40% of all methane emissions from human activity, second to agriculture.

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