Reuters exclusively reported that the European Commission has proposed imposing methane emissions limits on EU gas imports from 2030, a move that would pressure the bloc’s international fossil fuel suppliers including the U.S. to cut leaks of the potent planet-warming gas.
EnergyEnvironment
EU executive proposes methane emissions limit on gas imports
25 October 2023, 6:00 pm 1 minute
Market Impact
In the short term, methane has a higher planet-warming effect than CO2, but it leaves the atmosphere faster. Scientists say rapid cuts in methane emissions are crucial this decade if the world is to limit global warming to 1.5 degrees Celsius and avoid its most devastating impacts.
Article Tags
Topics of Interest: EnergyEnvironment
Type: Reuters Best
Sectors: Climate ChangeCommodities & Energy
Regions: Europe
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
