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A power plant emits smoke and smog.
"Close to 70% of methane emissions from fossil fuels come from the top 10 emitting countries," states a new report from the International Energy Agency.
Methane emissions from the energy sector remain near record highs, despite the industry claiming it would act to rein in the powerful greenhouse gas, according to an International Energy Agency report released on Wednesday.
The report states that nearly 120 million tons of methane were emitted by the energy sector in 2023. That means emissions haven't changed significantly since 2019. The oil industry produced the most emissions with nearly 50 million tons of methane emitted last year.
"Close to 70% of methane emissions from fossil fuels come from the top 10 emitting countries," the report states.
🗣 “A 75% cut in methane emissions from fossil fuels by 2030 is imperative to stop the planet from warming to a dangerous level.”
Our Executive Director @fbirol on the need for stronger efforts to cut methane from fossil fuel operations.
Read more ➡️ https://t.co/MeRL9r7jYR pic.twitter.com/iJug2qcHnL
— International Energy Agency (@IEA) March 13, 2024
The U.S. is the largest emitter of methane from oil and gas, followed by Russia. China has the highest methane emissions from the coal industry.
"We estimate that if all methane policies and pledges made by countries and companies to date are implemented and achieved in full and on time, methane emissions from fossil fuels would decline by around 50% by 2030," the report says. "However, in most cases, these pledges are not yet backed up by detailed plans, policies, and regulations."
Though the energy sector is emitting a lot of methane, agriculture is actually the largest emitter of methane. Pledges to reduce methane emissions in that sector must also be met to address the climate crisis.
Methane is a potent greenhouse gas, and it can trap far more heat than CO2. The IEA has been warning for years that sharp reductions in methane emissions are needed, but action has been slow.
"Well-known policies and existing technologies could reduce methane emissions from fossil fuels substantially," IEA Executive Director Fatih Birol said. "The IEA stands ready to help the energy sector meet its goals by deploying these measures, and we will continue to monitor progress—a key part of our wider efforts to ensure countries deliver on the energy promises they made at COP28."
Dear Common Dreams reader, It’s been nearly 30 years since I co-founded Common Dreams with my late wife, Lina Newhouser. We had the radical notion that journalism should serve the public good, not corporate profits. It was clear to us from the outset what it would take to build such a project. No paid advertisements. No corporate sponsors. No millionaire publisher telling us what to think or do. Many people said we wouldn't last a year, but we proved those doubters wrong. Together with a tremendous team of journalists and dedicated staff, we built an independent media outlet free from the constraints of profits and corporate control. Our mission has always been simple: To inform. To inspire. To ignite change for the common good. Building Common Dreams was not easy. Our survival was never guaranteed. When you take on the most powerful forces—Wall Street greed, fossil fuel industry destruction, Big Tech lobbyists, and uber-rich oligarchs who have spent billions upon billions rigging the economy and democracy in their favor—the only bulwark you have is supporters who believe in your work. But here’s the urgent message from me today. It's never been this bad out there. And it's never been this hard to keep us going. At the very moment Common Dreams is most needed, the threats we face are intensifying. We need your support now more than ever. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. When everyone does the little they can afford, we are strong. But if that support retreats or dries up, so do we. Will you donate now to make sure Common Dreams not only survives but thrives? —Craig Brown, Co-founder |
Methane emissions from the energy sector remain near record highs, despite the industry claiming it would act to rein in the powerful greenhouse gas, according to an International Energy Agency report released on Wednesday.
The report states that nearly 120 million tons of methane were emitted by the energy sector in 2023. That means emissions haven't changed significantly since 2019. The oil industry produced the most emissions with nearly 50 million tons of methane emitted last year.
"Close to 70% of methane emissions from fossil fuels come from the top 10 emitting countries," the report states.
🗣 “A 75% cut in methane emissions from fossil fuels by 2030 is imperative to stop the planet from warming to a dangerous level.”
Our Executive Director @fbirol on the need for stronger efforts to cut methane from fossil fuel operations.
Read more ➡️ https://t.co/MeRL9r7jYR pic.twitter.com/iJug2qcHnL
— International Energy Agency (@IEA) March 13, 2024
The U.S. is the largest emitter of methane from oil and gas, followed by Russia. China has the highest methane emissions from the coal industry.
"We estimate that if all methane policies and pledges made by countries and companies to date are implemented and achieved in full and on time, methane emissions from fossil fuels would decline by around 50% by 2030," the report says. "However, in most cases, these pledges are not yet backed up by detailed plans, policies, and regulations."
Though the energy sector is emitting a lot of methane, agriculture is actually the largest emitter of methane. Pledges to reduce methane emissions in that sector must also be met to address the climate crisis.
Methane is a potent greenhouse gas, and it can trap far more heat than CO2. The IEA has been warning for years that sharp reductions in methane emissions are needed, but action has been slow.
"Well-known policies and existing technologies could reduce methane emissions from fossil fuels substantially," IEA Executive Director Fatih Birol said. "The IEA stands ready to help the energy sector meet its goals by deploying these measures, and we will continue to monitor progress—a key part of our wider efforts to ensure countries deliver on the energy promises they made at COP28."
Methane emissions from the energy sector remain near record highs, despite the industry claiming it would act to rein in the powerful greenhouse gas, according to an International Energy Agency report released on Wednesday.
The report states that nearly 120 million tons of methane were emitted by the energy sector in 2023. That means emissions haven't changed significantly since 2019. The oil industry produced the most emissions with nearly 50 million tons of methane emitted last year.
"Close to 70% of methane emissions from fossil fuels come from the top 10 emitting countries," the report states.
🗣 “A 75% cut in methane emissions from fossil fuels by 2030 is imperative to stop the planet from warming to a dangerous level.”
Our Executive Director @fbirol on the need for stronger efforts to cut methane from fossil fuel operations.
Read more ➡️ https://t.co/MeRL9r7jYR pic.twitter.com/iJug2qcHnL
— International Energy Agency (@IEA) March 13, 2024
The U.S. is the largest emitter of methane from oil and gas, followed by Russia. China has the highest methane emissions from the coal industry.
"We estimate that if all methane policies and pledges made by countries and companies to date are implemented and achieved in full and on time, methane emissions from fossil fuels would decline by around 50% by 2030," the report says. "However, in most cases, these pledges are not yet backed up by detailed plans, policies, and regulations."
Though the energy sector is emitting a lot of methane, agriculture is actually the largest emitter of methane. Pledges to reduce methane emissions in that sector must also be met to address the climate crisis.
Methane is a potent greenhouse gas, and it can trap far more heat than CO2. The IEA has been warning for years that sharp reductions in methane emissions are needed, but action has been slow.
"Well-known policies and existing technologies could reduce methane emissions from fossil fuels substantially," IEA Executive Director Fatih Birol said. "The IEA stands ready to help the energy sector meet its goals by deploying these measures, and we will continue to monitor progress—a key part of our wider efforts to ensure countries deliver on the energy promises they made at COP28."