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EU executive proposes methane emissions limit on gas imports

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EnergyEnvironment

Reuters exclusively reported that the European Commission has proposed imposing methane emissions limits on EU gas imports from 2030, a move that would pressure the bloc’s international fossil fuel suppliers including the U.S. to cut leaks of the potent planet-warming gas.

Market Impact

In the short term, methane has a higher planet-warming effect than CO2, but it leaves the atmosphere faster. Scientists say rapid cuts in methane emissions are crucial this decade if the world is to limit global warming to 1.5 degrees Celsius and avoid its most devastating impacts.

Article Tags

Topics of Interest: EnergyEnvironment

Type: Reuters Best

Sectors: Climate ChangeCommodities & Energy

Regions: Europe

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story

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