Oil and Gas Solutions
For decades, natural gas has been touted as a safer climate alternative to fossil fuels such as coal. Even the word “natural” suggests its alignment with sustainability goals — a misnomer that has, until recently, largely flown under the radar of public scrutiny. But factoring in methane releases from unintentional…
A climate-wise oil market should reflect the true costs of production by incorporating emissions intensities of varying oils in benchmark pricing.
The Oil Climate Index plus Gas (OCI+) reveals the methane problem by quantifying and comparing greenhouse gas emissions from over two-thirds of the world’s oil and gas supplies.
New RMI analysis reveals that US refineries emit almost 30 percent more than has been disclosed through industry self-reporting.
Granular climate intelligence on oil and gas resources can equip operators, policymakers, investors, and others to shrink the sector’s colossal emissions footprint.