Methane Emissions A Global Response. David C. Carroll GTI President and CEO IGU President

Transcription

1 Emissions A Global Response David C. Carroll GTI President and CEO IGU President CH4 Connections 2016 November 2, 2016

2 The Role of Natural Gas in the Future Energy Mix The controversy over methane emissions threatens the continued role of gas in the future energy mix.

3 A Global Challenge and Opportunity The focus on methane emissions casts doubt on the claim that gas is cleaner than coal. Positioning the industry and the IGU as champions of the methane emissions challenge presents great opportunities.

4 Headlines Linking Emissions to the Natural Gas Industry

5 220,000 Online and Social Mentions June 2015-August 2016 (Volume Driven by Regulation and Political Leaders) Volume of Mentions on Online and Social Channels Mentions Mentions driven by the announcement of the EPA s proposed measures to cut methane emissions from the oil and natural gas industry (5% of all coverage) The U.S. and Canada announce they will work together to implement the Paris Agreement on global climate issues, receiving support from Presidential candidate Hillary Clinton (3% of all coverage) The EPA issues three final rules that will curb emissions of methane and other air pollutants from reconstructed and modified oil and gas sources, clarifying industry requirements from the Clean Air Act (3% of all coverage) 0 June 2015 August 2015 January 2016 March 2016 September 2016

6 30% of Online Social Sentiment Reported to be Negative Online Social Sentiment Towards Emissions We have cut methane emissions from production activities by 38% since 2005 while increasing production by 35%. Oil & Gas Journal Positive Neutral Negative is also about 25 times better at trapping heat than carbon dioxide, which has made it a crucial target for regulation in order to reduce the impact of global warming. The Verge The EDF-sponsored research adds to a growing body of work on the amount of methane leaking from natural gas operations, and the results are crucial for understanding whether natural gas will accelerate or delay the effects of climate change as it's increasingly used in place of coal. Insideclimatenews.org

7 Over 60% of Online Emissions Mentions Occurred on Twitter Online Social Sentiment Towards Emissions Top Hashtags #methane 9,602 tweets #ClimateChange 5,268 tweets #fracking 3,070 tweets #PlugTheLeaks 1,489 tweets #climate 1,433 tweets #EPA 1,295 tweets #science 1,111 tweets #emissions 998 tweets #ActOnClimate #environment 863 tweets 844 tweets

8 Estimated Fugitive Emissions: Fossil Fuels 13-29% of Total Emission (55% Gas, 20% Oil and 25% Coal) Global Budget

9 Percentage of Global Greenhouse Gases : 1.5% 2.6% (Based on GWP 100) Natural Gas Fugitive Emissions Fossil Fuels % Of Total Natural Gas 55 % Of Fossil Fuels Natural Gas % Of Total Natural Gas Fugitive Emissions Percentage of Global Greenhouse Gases (16% X %) %

10 Messaging Framework: Measure, Document, Reduce Key Efforts Related to Emissions Industry Response: Improve measurement accuracy and technology and share best practices to reduce methane emissions. Emissions and the GHG Profile of Natural Gas and LNG (Power): Up to 2.2% leakage rate; 50% cleaner than coal (US 1.3%). Effective Policy Approaches to : Focus on performance-based measures that prioritize and reduce the largest sources of methane emissions first.