The fossil fuel industry is failing to tackle methane emissions despite its pledges to uncover and fix leaking infrastructure, according to a report by the International Energy Agency (IEA) published on Tuesday.
The energy sector accounts for about 40% of all methane emissions from human activity, second to agriculture.
"The economic incentives to make those reductions were huge last year," IEA's Chief Energy Economist Tim Gould said. "We had record natural gas prices in many markets around the world. There was an extremely strong economic incentive to bring methane to market.
NOAA physical scientist Lori Bruhwiler said rapid cuts to methane emissions are important, but deep carbon dioxide emission reductions must accompany them if the world is to avoid global warming exceeding 1.5 Celsius and unleashing more severe impacts. The IEA report said there were more than 500 super-emitting events from oil and gas operations detected by satellites in 2022. Another 100 were spotted at coal mines. Altogether, the coal industry was responsible for about 40 million tonnes of methane emissions in 2022.
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