Traditionally, the mining industry has been vilified for its environmental impact and energy use. This article describes the industry where mining can have an immediate positive impact – fossil fuel operations.
Background
The run-up to November 2023 COP28 in Dubai has seen a flurry of activity from the world’s three largest economies on the question of energy sector methane. That month, China published its long-awaited Methane Emissions Control Action Plan, followed by the China-US Sunnylands Statement on Enhancing Cooperation to Address the Climate Crisis and the European Council and Parliament announcing a deal on new rules to cut methane emissions in the energy sector. Prolific emitters, like Kazakhstan and Turkmenistan, added themselves to the 150 signatories of the Global Methane Pledge.
The momentum continued, with 50 oil and gas companies that represent 40% of global petroleum production signing the Oil and Gas Decarbonization Charter and committing to end methane emission
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