57. Methane, the invisible elephant in the room - sep21
Redefining Energy - A podcast by Laurent Segalen and Gerard Reid - Mondays
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Methane is the largest source of greenhouse gas after CO2. The latest IPCC report has flagged the issue as “Code Red”. Until recently, Methane Emissions had not been universally monitored nor managed. Hence, how can Natural Gas legitimately claim that is it is a “bridge fuel” in the fight against Climate Change? Thankfully, the landscape is starting to evolve; and it’s about time, as methane emissions represent 8x those of the much-publicised aviation sector.Behind this major improvement is the non-for-profit MIQ, co-piloted by the prestigious RMI (Rocky Mountain Institute). MIQ had devised a ranking system for all Oil and Gas provenance, assessing and grading the content of venting, leaking, and flaring. The MIQ system leads to third party certification, a major milestone in the fight against Climate Change.Gerard and Laurent seat with Georges Tijbosch, senior advisor at MIQ, who is deploying those major advancements, which might have significant geopolitical implications.Finally, Gerard debunks Laurent’s wild conspiracy theories around Russian gas. References:MIQ: https://miq.org/ Capterio: https://capterio.com/flareintel Kayrros: https://www.kayrros.com/methane-watch/ A great thanks to Aquila Capital for supporting the show: https://www.aquila-capital.de/en/