A Promising Measure for ASEAN Climate Change Mitigation Efforts: Abatement of Methane Emissions from the Oil and Gas Sector
23 June 2023
Highlights
The methane emissions from ASEAN’s oil and gas sector are projected to increase, posing a significant challenge to climate change mitigation efforts.
Due to methane’s high warming potential, reducing methane emissions in the oil and gas sector would have an immediate and significant impact on global warming.
Existing technologies can potentially reduce ASEAN’s methane emissions from the oil and gas sector by 75%.
Government policies and regulations play a crucial role in accelerating methane emissions reduction efforts, including monitoring, reporting and incentivising methane education technologies.
Collaboration between regulatory bodies, global oil and gas companies, and ASEAN-based companies is essential for knowledge-sharing and implementation of best practices in methane management.
