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| United States Global Methane Pledge Energy Pathway |
Global Methane Pledge Energy Pathway
For the reduction of methane emissions in the oil and gas sector,The United States, and the European Union (EU) launched the Global Methane Pledge Energy Pathway to climate progress and energy security. To limit warming 1.5 degrees celsius and reduce anthropogenic methane emissions at least 30 percent by 2030 from 2020 levels, the United States, the European Union (EU), and more than 100 countries launched the Global Methane Pledge (GMP) at COP26. Participating countries in the Global Methane Pledge Energy Pathway supporting and providing new technical and financial resources. as inaugural members of the Global Methane Pledge Energy Pathway, Argentina, Canada, Denmark, Egypt, Germany, Italy, Japan, Mexico, Nigeria, Norway, and Oman joined the United States and the European Union for the global methane management measurements in the oil and gas sector by developing technical assessments for project development. strengthening the regulator and operator capacity activities to achieve reductions in methane emissions. the UNEP International Methane Emissions Observatory will detect methane emissions by satellite. The Climate and Clean Air Coalition and Global gas producers announced significant commitments to cut methane emissions and ensure clean gas supply. the United States is reducing oil and gas methane emissions by American gas companies. Canada will reduce oil and gas methane emissions by at least 75 percent below 2012 levels by 2030. Canada donated $10 million over 5 years to the Climate and Clean Air Coalition, Canada will also invest $20 million in GHGSat for high-tech satellites methane emissions detection at point sources such as individual oil and gas wells. Egypt, Israel, and the EU have concluded a trilateral agreement to methane reductions, and clean energy expansion throughout the entire supply chain. Germany announced their participation in the World Bank Global Gas Flaring Reduction Partnership in Methane emissions reduction in the oil and gas sector, and complement to renewable energy expansion for energy security. To reduction in greenhouse gas emissions across the fossil fuel supply chain,renewables energy sources deployment are necessary to reduce reliance on volatile fossil fuels. For the clean energy security solution we should reduce the dependencies on volatile fossil fuels. today’s climate change crisis and spike in energy prices reduction the rapid renewables deployment are necessary for energy efficiency and energy saving.