The Know Your Oil and Gas report and OCI+ web tool offer new climate intelligence to align oil and gas sector emissions with 1.5°C climate goals.
Managing Methane for a Livable Climate Future
Methane is a greenhouse gas (GHG) that is over 80 times more potent than carbon dioxide over a 20-year time frame. While methane lasts only 12 years in the atmosphere, it does vast climate damage as soon as it is emitted.
Cutting methane emissions can deliver measurable climate benefits in this decisive decade. RMI's Climate Intelligence Program is developing analytic tools and engaging with public, private, and nonprofit stakeholders to reduce methane emissions from the oil and gas sector and the waste sector — which together are responsible for about half of this potent climate pollutant.
Historically, companies looking to calculate their greenhouse gas (GHG) emissions have had to rely on self-reported data and estimates rather than primary data from supply chain partners. These best-guess estimates lead to inconsistencies and a lack of clarity about what is really being emitted.
When it comes to fighting climate change, we don’t have time for false starts—in the decisive decade, we have to get it right the first time around. That knowledge has guided our work building the COMET Framework, together with our partners at MIT’s Sustainable Supply Chains Initiative, the Columbia Center on Sustainable Investment, and the Colorado School of Mines.
Methane was a focal point during the COP26 climate conference, and for good reason. This potent greenhouse gas has 120 times the climate-warming power of CO2 as soon as it is emitted.
Methane is concentrated in a few sectors
RMI is making emissions visible and using climate intelligence to reduce methane leakage.
What happens to your household waste after disposal? Food waste and other organic household materials like paper, wood, yard waste, and sewage sludge often wind up in landfills, where they decompose to produce landfill gas (LFG), comprising primarily methane and carbon dioxide. Much of the world’s attention on curbing methane emissions has focused on the oil and gas sector. However, in 2020, the waste sector—municipal solid waste and wastewater—accounted for almost 20 percent of all human-related methane emissions—the third largest source globally, after enteric fermentation, and oil and gas. The waste sector has a clear and urgent need for decarbonization strategies that swiftly reduce emissions.
The scientific consensus is clear: swift and decisive action is needed to stabilize the planet at 1.5oC. This calls for immediate reductions in oil and gas sector greenhouse gas (GHG) emissions, including methane—an extremely potent GHG that constitutes a major share of oil and gas industry emissions. To meet this critical climate goal, RMI is ingesting and analyzing timely, transparent, and trusted data to catalyze climate-informed decisions by companies, investors, policymakers, NGOs, and consumers.
Climate TRACE monitors human-caused GHG emissions using cutting-edge technologies such as artificial intelligence, machine learning, novel modeling, and satellite image processing—bringing unprecedented transparency to global carbon pollution. Insights curated from Climate TRACE make it possible for anyone, anywhere, to make better decisions to mitigate and adapt to the impacts of climate change.
Carbon Mapper is a first-of-its-kind satellite enterprise that is a consortium of public, private, philanthropic, and nonprofit organizations including RMI.
MiQ has pioneered the use of independently certified gas (ICG) to provide the data needed to drive change on global methane emissions.