The rules will require energy companies to regularly inspect infrastructure such as pipelines and oil wells to look for methane - a gas that’s 80 times more powerful than CO2 over a 20-year time frame - escaping into the atmosphere. The goal is to get a deal in place before the COP28 climate summit in Dubai later this month. Negotiators from parliament and member states will enter what is likely to be the final round of talks Tuesday over the shape of rules cracking down on methane leaked into the atmosphere by the energy sector.
(Bloomberg) - The European Union aims to slash methane emissions by clinching a deal that could have global ramifications if major energy importers are targeted over leaks of one of the most potent greenhouse gases.