According to the International Energy Agency (IEA), the production and use of fossil fuels such as oil and gas caused 120 million tons of methane emissions last year.
Despite promises from the oil and gas industry to reduce methane leaks, global methane emissions in 2023 were close to an all-time high.
This is revealed by the International Energy Agency (IEA). from a recent report.
According to the report, the production and use of fossil fuels such as oil and gas caused 120 million tons of methane emissions last year.
The number is slightly higher than the previous year. Emissions have remained at a high level since 2019.
According to the IEA, the big reason for the increase in emissions from last year was leaks from the fossil fuel infrastructure.
Oil companies committed to reducing their methane emissions
At last year’s climate conference in Dubai, almost 200 countries promised to cut methane emissions quickly and significantly.
Previously, more than 150 countries had already committed to reducing global methane emissions by at least a third of the 2020 level by the end of the decade.
In addition, many oil companies have pledged to voluntarily reduce their methane emissions as part of the United Nations Environment Program Partnership Program.
However, according to the IEA, the companies are still hiding their methane emissions.
However, the organization is optimistic about the future and believes that the new satellites will help monitor and control methane leaks.
Earlier in March, a satellite monitoring methane emissions funded by Alphabet, the parent company of Google, was launched into space.
Methane is a powerful greenhouse gas that has caused about a third of the rise in global temperatures since the industrial revolution.