This week’s Highwood Bulletin covers developments in global greenhouse gas emissions management for the oil and natural gas industry. Topics this week include new international methane reduction pledges by governments and industry coalitions, the launch of an exciting new differentiated gas initiative, a new report for investors on OGMP 2.0, conferences, funding, courses, and hiring!
United States and Europe Commit to Methane Reductions
In a major step towards fulfilling the Paris Climate Agreement, the United States and the European Union made a joint pledge to cut methane emissions by 30% by 2030 based on 2020 levels. The pledge will be available to more signatories at Cop26, and other countries (including the UK) are already signaling their intention to participate. Read more here.
OGCI Coalition Announces Net Zero Target
The Oil and Gas Climate Initiative, a coalition of many of the world’s largest oil and gas companies, has raised the stakes in their ambition to reduce methane emissions. On September 20th, 2021, the group made a number of new commitments, including a net zero pledge and a plan to hit 0.2% methane intensity by 2025. Only Scope 1 and 2 emissions are included. Read more here.
ONE Future Hits 50 Members
Our Nation’s Energy Future (ONE Future) is a coalition of U.S. energy companies committed to reducing methane intensity to below 1% by 2025 across the entire natural gas supply chain (a target they have already achieved). On September 22, ONE Future hit a major milestone by welcoming their 50th member, DT Midstream. Congrats ONE Future! Read more here.
Gas Technology Institute Launches Veritas Differentiated Gas Initiative
Highwood is excited to be working with Gas Technology Institute to build Veritas. What is Veritas? A game-changing global standard that will revolutionize differentiated gas and the disclosure of methane emissions performance. If you’re curious, join us on September 30th, 2021, for a free GTI Tech Talk to learn more. Register now.
Report: An Investor’s Guide to OGMP 2.0
The Oil and Gas Methane Partnership (OGMP) 2.0 is an ambitious reporting framework that is gearing up to change how methane emissions are measured, reported, and tracked for oil and gas companies around the world. This presents investors with opportunities to use better data and metrics to inform ESG investment decisions. The Environmental Defense Fund has published a guide to help the energy industry and investors understand and leverage OGMP 2.0. Download the guide here.
Conference: CH4 Connections, Colorado, Oct 12-13
Ready for one of the best methane events of the year? This year Highwood Emissions Management is sponsoring CH4 Connections, hosted in Fort Collins by our friends at Gas Technology Institute (GTI). Also, don’t miss out on a presentation by Highwood’s Thomas Fox, who will be speaking on a panel called “The Role of Methane Accounting in a Low Carbon World”. Register here and see you in Colorado.
Scope 1, 2, and 3 Emissions Courses Return
Two emissions management courses are back by popular demand. Join instructor Jessica Shumlich (Highwood’s CEO) as she shares her extensive knowledge on Scope 1 emissions (register here). If you’re already familiar with the basics, you can take her Scope 2 and 3 emissions course by registering here. These courses are offered in partnership with our friends at JWN Energy.
Conference Recap: EPA Methane Detection Technologies
On August 24th, 2021, The Environmental Protection Agency (EPA) held a 2-day workshop on methane detection technologies in advance of their highly anticipated updated methane rules. Participation in the workshop was unprecedented in the O&G methane sphere, with 1000 registrations. If you missed any of it, including Highwood’s presentation on demonstrating equivalency with open-source model LDAR-Sim, you can watch everything on YouTube. Click here to begin.
Funding Opportunity: Round 3 of NRCan’s $675MM ERF is here!
NRCan has opened a third round of the Emissions Reduction Fund. If you have an emissions reduction project or are looking for potential projects to reduce your emissions, funding is available. Reach out to Highwood to chat through project options, eligibility, or even to perform a comprehensive analysis of what projects fit your particular site needs. Learn more here.
Join our Team! Highwood is Hiring!
Highwood is always looking for bright folks who want to help us change the world for the better. If you have experience in greenhouse gas emissions management and you’re looking for a career change, please reach out!