Methane released from oil and gas operations represents lost potential revenue for operators and lost royalty and carbon levy revenues for the government. In this briefing note we estimate the total value of this wasted methane based on the total reported releases of methane in Alberta. We further investigate the implications of recent research from Carleton University which identified that Alberta’s oil and gas sector may release 25-50% more methane than currently reported.
Estimate of lost sales from methane releases in the Alberta oil and gas sector
Briefing note
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Oil & Gas
February 20, 2024
Publication
Comments on Amending the Regulations Respecting Reduction in the Release of Methane and Certain Volatile Organic Compounds
Joint submission from Canadian Association of Physicians for the Environment, Canadian Lung Association, David Suzuki Foundation, Pembina Institute, Clean Air Task Force and Environmental Defense FundPrograms
Leading the transition to clean energy requires advancing solutions to today’s energy challenges from various angles.
The Pembina Institute has spent four decades working to reduce the environmental impacts of Canada’s energy production and to provide actionable ideas on how to implement clean energy.
