Metrics and Measurements of Methane Emissions

Fast action to mitigate non-CO2 climate pollutants, such as methane, including through implementing methane intensity requirements (such as via procurement specifications) for domestic and imported oil and gas, can have a significant role in reducing the likelihood of triggering catastrophic climate impacts as countries pursue carbon-neutrality goals. Without robust monitoring, reporting, and verification (MRV) of methane emissions, we will not be able to know the efficacy of methane mitigation policies and programs or whether we are meeting methane mitigation targets. Acting quickly to ensure that new investments in oil and gas infrastructure are built with enhanced MRV systems and methane intensity requirements in mind is essential to limiting risks of stranded assets and aligning with carbon-neutrality goals.