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National Oil Companies’ Oversized and Overlooked Methane Emissions, How Finance and Industry Must Help Now

EDF + Business

The UN climate talks hosted in Dubai this month will shine a bright light on the pivotal role national oil companies, like UAE’s Abu Dhabi National Company (ADNOC), can and ultimately must play in the fight against climate change – particularly the urgent need to reduce methane emissions from the oil and gas supply chain.

Methane 57
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At COP28, the Road to Climate Action Is Paved with Big Oil Loophole Language

DeSmogBlog

The European Union has clearly laid out its position: Climate neutrality, the Council of the EU stated last month, will require “a global phase-out of unabated fossil fuels and a peak in their consumption in this decade.” We’re going into a COP where this is going to be a big topic, and we don’t really have a definition for it.”

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Observers reflect on a disappointing COP26

Envirotec Magazine

Progress did seem to be forthcoming on cutting methane emissions, with more than 100 countries (although not China) – committing to a 30% reduction by 2030 compared to the 2030 baseline. The main obstacle presently is cost, at around $100-$800 per metric ton of CO2 abated, while afforestation and reforestation can be as low as $5-50/tCO2.

COP 130
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Big Meat and Dairy Delegates Triple at COP28

DeSmogBlog

Attendees are present from some of the world’s largest agribusiness firms – such as meatpacker JBS , fertiliser giant Nutrien, food giant Nestlé and pesticide firm Bayer – and powerful industry trade groups. Overall numbers of attendees have doubled since COP27 – and also include over 2,400 delegates linked to fossil fuel industries.

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Canada must stop treating its Big Oil as some sacred cow

Clean Energy Canada

This is the first COP where participants found themselves face-to-face with the reality of breaching the 1.5 The final wording of the COP28 agreement – which required consensus among all nations and the chair – codified a commitment to transition away from fossil fuels in energy systems. But all was not lost.

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Big Ag Delegates More Than Double at COP27

DeSmogBlog

But recent investigations by DeSmog have exposed the industry’s promotion of “false solutions” (such as high-tech plans to lower the methane quotient of cow burps), which have been championed by the U.S.-led led AIM for Climate coalition, which has publicised industry-friendly “climate-smart” innovations at COP27. academic Jennifer Jacquet.

COP 95
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Big Meat Unveils Battle Plans for COP28

DeSmogBlog

Farming will be front and centre at this year’s COP. Animal agriculture is the largest emitter of methane, a greenhouse gas 80 times more potent than carbon dioxide when measured over a 20 year period. Scientists say that unless swift action is taken, methane from agriculture alone will take us beyond a 1.5C