BRUSSELS — European Union negotiators reached a deal on Wednesday to reduce highly polluting methane gas emissions from the energy industry across the 27-nation bloc.
According to experts, one of the biggest causes of climate change is methane gas emissions – second only to carbon dioxide. The gas also causes serious health problems. Most emissions come from the energy, agriculture, and waste sectors.
Under the provisional agreement announced just weeks before the COP28 climate conference, the fossil gas, oil, and coal industry will be forced to “properly measure, monitor, report and verify their methane emissions according to the highest monitoring standards, and take action to reduce them,” said the European Commission, the EU‘s executive arm.
The deal needs to be formally approved by both the European Parliament and the Council, which represents member states, before the new legislation enters into force.
The EU deal came as China and the United States pledged to accelerate their efforts to address climate change ahead of the climate conference, making a commitment to take steps to reduce emissions of methane and other greenhouse gases besides carbon dioxide.
The U.S., the EU, and other nations have previously committed to reduce overall methane emissions worldwide by 30% by 2030.
The Commission said the compromise requires operators to report about quantification and measurements of methane emissions at the source level and forces oil and gas companies to detect and repair methane leaks on EU soil. It also bans routine venting and flaring, which release methane into the atmosphere, and limits venting from thermal coal mines from 2027, with stricter conditions introduced after 2031.
“It requires companies in the oil, gas, and coal sectors to carry out an inventory of closed, inactive, plugged and abandoned assets, such as wells and mines, to monitor their emissions and to adopt a plan to mitigate these emissions as soon as possible,” the Commission added.
The EU methane regulation for the energy sector is part of the so-called European Green Deal that seeks to establish the world’s most ambitious climate and biodiversity targets.
Since the EU imports large quantities of oil, gas, and coal, the deal also stipulates that starting in 2027 any exporters outside the bloc must have “the same monitoring, reporting, and verification obligations” as EU producers, the Commission said.
Flavia Sollazzo, from the non-profit group Environmental Defense Fund Europe, said the methane regulation plans send a clear message ahead of COP28 that “climate responsibility doesn’t stop at European borders.”
“As the world’s biggest buyer of natural gas, the EU is strategically leveraging its economic influence to drive global reductions in methane emissions,” Sollazzo said.