Voluntary initiatives for natural gas
Voluntary initiatives broadly seek to contribute in some way to emissions credibility across the oil and natural gas value chain and support or drive mitigation efforts. Some initiatives identify and target substantive issues, encompassed within the three principal issues hindering emissions credibility below. For example, the most consistently referenced issue among the environmental non-governmental organization (eNGO), regulatory, scientific, and financial stakeholder communities is a vote of no confidence regarding the credibility of reported emissions data.
Our view is that the principal factor contributing to this lack of confidence in emissions data is the preponderance of academic research1 and media content highlighting significant discrepancies between site level measurement campaigns and total emissions reported based largely on generic emissions factors methods, such as those required by the U.S. Environmental Protection Agency’s Greenhouse Gas Reporting Program.
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