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While it is recognised that there we must move from fossil fuels to zero and low carbon energy sources, worldwide gas demand is expected to grow in the coming decades. This contrasts sharply with the picture for coal and oil, which drop globally by almost 60% and 30% respectively by 2040.
As efforts continue to decarbonize the energy system by adopting cleaner forms of energy, reducing oil and gas methane emissions is a fast and cost-effective way to slow the rate of global warming.
The “Mineral Methane" initiative’s objective is to promote significant reductions in methane and black carbon emissions from the oil and gas sector.
Video: About oil and gas methane
The Mineral Methane Initiative strategy adopted by CCAC partners includes an aspirational goal of:
These objectives will be achieved through the following components:
Oil and Gas Methane Partnership - to provide a protocol to help companies systematically manage their methane emissions from upstream oil and gas operations, as well as a credible platform to help them demonstrate this systematic approach and actual reductions to stakeholders
Oil and Gas Methane Science Studies - to address a critical lack of global methane measurement data in the oil and gas sector to help prioritise company actions and government policies for addressing this important SLCP emissions source
Black Carbon Technology Demonstration - to reduce black carbon emissions by mobilizing finance and investment as well as developing best practices and policies for black carbon mitigation
Peer to Peer Regulatory Support - to support developing countries by promoting broad-based adoption of sector-scale policies, sharing successful best practice solutions for regulating methane emissions and reducing flaring, and providing technical and policy support for development of policies
 45% reduction by 2025 is consistent with the commitment made by Canada, Mexico and the United States in 2016 to develop rules to reduce up to 45 percent of methane escaping from across the continent’s oil and gas industries by 2025.
 The International Energy Agency estimates the industry can reduce its worldwide emissions by 75 percent—and that up to two-thirds of those reductions can be realized at zero net cost (https://www.iea.org/weo2017)
Thanks the CCAC’s work, a growing number of international oil and gas companies are taking voluntary steps to integrate methane management in their operations and working with partners to raise the issue across the entire gas supply chain. Industry has also created its own platforms, like the Oil and Gas Climate Initiative (OGCI), and the Methane Guiding Principles (MGP). These developments have led CCAC partners to promote wider endorsement of ambitious targets from governments and industry.
Key achievements include:
Lead Partner: A Coalition partner with an active role in coordinating, monitoring and guiding the work of an initiative.
Implementer: A Coalition partner or actor receiving Coalition funds to implement an activity or initiative.
Nigeria committed to reducing the emission of Short-Lived Climate Pollutants (SLCPs) emanating from activities and processes within its border, which has informed the preparation of National SLCP...
Methane, a greenhouse gas with a warming potential more than 80 times higher than CO2 over a 20-year time frame, is responsible for half a degree Celsius of warming to date. Methane’s...
This report is a product of the Global Methane Assessment (GMA) that details projections of anthropogenic methane emissions through 2030 under various baseline scenarios and assesses the...
A first-of-its-kind guide for businesses to measure air pollutant emissions across value chains. Developed by the CCAC, Stockholm Environment Institute, and IKEA Group, this guide enables...
Leading Approaches to Regulate Methane Emissions in the Oil and Gas Sector and Recommendations for Colombia
The Country Methane Abatement Tool (CoMAT) empowers governments with the ability to estimate how much methane pollution they can reduce from their country’s oil and gas industries, even when...
Based on lessons learned from the Nigeria example and also from gathered information from Mexico and other countries that are in more advanced stages of developing policies for methane abatement...