Methane abatement is more vital now than ever before, and oil and gas emissions are low-hanging fruit. MiQ supports the transition to a 100% renewable future, but we can address methane now to help meet global climate targets.
Methane has more than 80 times the global warming potential of CO2, so reducing it helps buy time. The oil and gas industry emits the equivalent of 7bn tonnes of CO2 per annum but has the tools to abate up to 5.7bn tonnes by 2030. This would get us nearly 20% of the way toward halving annual GHG emissions and is equivalent to taking 1.2bn polluting cars off the road.