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Analyst Opinions
Methane – The Low-Hanging Fruit of Emissions Reduction
Methane has 84-86 times the global warming potential of CO2 on a 20-year basis. On a 100-year basis, it decreases to 28-36 times. This decrease is due to methane’s relatively short lifespan in the atmosphere. However, its high short-term potency means that emission reductions can have a large and immediate effect on reducing the impacts of climate change. Methane emission intensities vary among O&G producing countries due to inefficiencies along the value chain or lack of abatement measures. Data from...