Methane Emissions Hit Near Record Highs in 2023, Study Reveals
Despite available technology to curb pollution, methane emissions from the energy sector continue to rise, causing significant climate damage.
- Methane emissions from the energy sector, including oil and gas operations, rose to near record highs in 2023, with the International Energy Agency (IEA) highlighting a
- A comprehensive study found U.S. oil and gas wells, pipelines, and compressors emit three times more methane than government estimates, causing $9.3 billion in yearly climate damage.
- Large methane emissions events detected by satellites increased by 50% in 2023 compared to 2022, with over 5 million metric tons spotted in major fossil fuel leaks.
- The IEA and researchers emphasize the critical need to reduce methane emissions to meet international climate targets, noting that 40% of global methane emissions from oil, gas, and coal could have been avoided at no extra cost.
- Advancements in satellite monitoring and aerial measurements are providing a clearer picture of methane emissions, aiding efforts to target and reduce these potent greenhouse gas emissions.