DOE Invests $47 Million to Reduce Methane Emissions From Oil and Gas Sector
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March 14, 2023
The U.S. Department of Energy (DOE) announced nearly $47 million in funding for 22 research projects to advance the development of new and innovative measurement, monitoring, and mitigation technologies to help detect, quantify, and reduce methane emissions across oil and natural gas producing regions of the United States. Methane emissions are the second largest contributor to climate change—only carbon dioxide ranks ahead of methane as a greenhouse gas source. The selected projects will help to ensure an efficient, resilient, and leak-tight U.S. natural gas infrastructure and support President Biden’s U.S. Methane Emissions Reduction Action Plan and the Biden-Harris Administration climate goal of a net-zero emissions economy by 2050. “Methane is a much more potent greenhouse gas than carbon dioxide, making methane reduction a critical part of U.S.’s long-term climate solution,” said U.S. Secretary of Energy Jennifer M. Granholm. “The projects announced yesterday will help DOE accelerate the deployment of technology that detects and reduces methane emissions across the oil and gas sector — U.S. largest source of industrial methane—leading to long-lasting health and environmental benefits for communities across the country.” DOE’s methane mitigation program addresses critical environmental issues associated with the production, transmission, and storage of domestic oil and natural gas. Projects will focus on technical challenges of quantifying and mitigating methane emissions along the U.S. oil and natural gas supply chain, including the development and demonstration of an efficient integrated methane monitoring platform to enable early detection of methane emissions. To find out more details please visit : https://esgnews.com/ |