IEA (2020), Tracking Fuel Supply 2020, IEA, Paris https://www.iea.org/reports/tracking-fuel-supply-2020
Tracking progress 2020
Methane emissions are the second-largest cause of global warming today. Methane emissions come from a range of anthropogenic and natural sources; within the energy sector, from oil, natural gas, coal and bioenergy. The IEA estimates that the oil and gas sector emitted 82 Mt (around 2.5 GtCO2-eq) in 2019. While methane tends to receive less attention than CO2, reducing methane emissions will be critical to avoid the worst effects of climate change. Emissions remain high despite initial industry-led initiatives, government policies and regulations, as implementing abatement options quickly and at scale remains a challenge. Policies will be critical to achieve the 75% emissions reduction by 2030 demonstrated in the SDS, but further innovation and support are needed to better understand emissions levels, make leak detection and repair more consistent, and reduce the overall cost of emissions mitigation programmes.
Next Flaring emissions