Our Mission
We are already certifying over 5% of global natural gas supply, which includes over 20% of US production.
We know that the transition to a world powered by clean energy will take time. Until then, we need to act fast on avoidable emissions.
Our philosophy focuses on driving climate action: facilitating reductions in methane emissions from the natural gas sector through a credible and transparent certification system that incentivises improvements and ensures accountability.
The Methane Problem
Methane is more than 80x as potent in climate terms as CO2 over a 20-year timeframe, meaning that reducing methane emissions can deliver a big impact quickly. The oil and gas sector are responsible for approximately 81 million tonnes (Mt) of methane annually, according to the IEA.
This equates to:
- 7x the aviation sector’s global CO2 emissions each year;
- More than the total CO2 emissions from the world’s cars and trucks;
- Double Europe’s total CO2 emissions.
The Global Methane Pledge – agreed to by over 100 countries at COP26 – is a collective commitment to cut global methane emissions by at least 30% from 2020 levels by 2030. It is an important call to action which puts methane abatement front and center of global climate efforts to combat climate change. MiQ’s certification system can help support its objective.
Our Solution
To tackle methane emissions, companies need a granular understanding of where they are coming from, as well as robust methane mitigation practices and technology to enable them to address the issue.
That’s where MiQ comes in.
MiQ has developed a global solution for a global issue, grading gas on methane emissions to drive change in parallel with regulation through a robust, independent certification system.
Why?
Because differentiating producers based on their methane emissions performance will incentivise businesses to improve because it simply makes good climate – and business – sense.
