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5 results
Drilling Down on Methane Loss
A report by RMI analyzing oil and gas data in Texas finds that methane waste is significantly underreported, particularly through venting from low-production oil wells. The study estimates that actual gas waste for a 12-month period ending November 2024 could be up to 4.5 times higher than the 120 billion cubic feet (Bcf) self-reported by operators, resulting in an estimated 7.6 million metric tons of methane emissions.
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Document type: Report
Capturing the $100 Billion Carbon Management Opportunity in Texas
This policy brief by RMI argues that Texas is uniquely positioned to lead the global carbon management economy due to its existing industrial infrastructure, geological assets, and a skilled workforce. The document highlights how recent federal policy changes, specifically the One Big Beautiful Bill Act (OBBBA), have enhanced the financial viability of carbon capture and utilization projects through modifications to the 45Q tax credit.
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Document type: Policy brief
5 Facts to Know About Reducing Methane from Oil and Gas
This fact sheet by RMI outlines the critical role of methane in global warming, specifically focusing on the oil and gas sector's contribution. It highlights the high warming potential of methane, the cost-effectiveness of leak repairs, and the increasing role of aerial detection technologies in monitoring emissions.
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Document type: Fact sheet
Oil and gas companies are missing significant methane emissions. Here’s how to fix that.
This policy brief argues that self-reported methane emissions from US oil and gas operators are significantly underreported, which undermines climate progress and the effectiveness of the Inflation Reduction Act's (IRA) Waste Emissions Charge. The author advocates for the integration of empirical data and remote sensing to capture 'super-emitting' events and ensure accurate financial penalties and mitigation efforts.
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This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Policy brief
Is the US Stockpiling Dirty Oils?
This report by RMI examines the environmental implications of the US Strategic Petroleum Reserve (SPR), arguing that a lack of data transparency regarding the origin and emissions intensity of stored oils hinders climate goals. It highlights a mismatch between the SPR's lighter crudes and the heavy-oil capacity of the refineries that primarily receive them, and calls for the strategic refilling of the SPR with low-emissions intensity oils to reduce greenhouse gas impacts.
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This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Report