Borchardt Interview on EGD

EU Methane Emission Rules Key to Gas, LNG, Hydrogen Future (S&P)
Siobhan Hall (July 17): The European Commission’s deputy director-general for energy, Klaus-Dieter Borchardt, told S&P Global Platts in an interview that if the industry’s methane “problem is not solved, natural gas will have a very, very difficult future, and in the short term, not the long term. Methane emissions are even more devastating than CO2 emissions. And there’s no common methodology for measuring them. There’s a very low level of reporting and there’s no verification.” The EC plans to set out initial thoughts and possible voluntary initiatives for tackling these issues in an EU methane emissions strategy due at the end of Sept. or early Oct. It wants to follow this up with formal legislative proposals mid to late next year to ensure compliance. These measures are part of its European Green Deal strategy for the EU to become climate neutral by 2050… It is in Russia’s interests, Borchardt said, to join forces with other gas exporting countries, including the United States, to work on reliable, standardized methane emission reporting. “We want to bring them on board. They are not yet there,” he said. Link to Content (full interview worth reading)

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