Industry tends to underestimate need to cut methane: institute CCS is probably needed to meet Paris climate limits: Cicero The natural gas industry may be one of its own worst enemies. Most energy executives underestimate how much they can cut emissions as they extract and transport natural gas, according to a survey by the Energy Institute. Producers can reduce greenhouse gas flows by 75 percent simply by improving practices in the supply chain of the fuel, which consists mainly of methane. About half of that can be cut at no net cost. “Implementing just those measures that pay for themselves, by monetizing the captured methane, would have the same long-term impact on mitigating climate change as immediately shutting all existing coal-fired power plants in China,” said Christophe McGlade, an oil and gas analyst at the International Energy Agency, which contributed to the report. Methane leaks into the air at […]