Berliner Boersenzeitung - COP28 turns attention to potent methane emissions

EUR -
AED 4.233412
AFN 75.493281
ALL 93.476873
AMD 423.012424
AOA 1058.078854
ARS 1724.84304
AUD 1.637146
AWG 2.074665
AZN 1.9613
BAM 1.957195
BBD 2.320614
BDT 142.631679
BHD 0.434585
BIF 3450.283135
BMD 1.152592
BND 1.478454
BOB 13.993612
BRL 5.923142
BSD 1.152201
BTN 109.959957
BWP 15.66817
BYN 3.395921
BYR 22590.796538
BZD 2.317352
CAD 1.62202
CDF 2604.856784
CHF 0.933478
CLF 0.026717
CLP 1054.90939
CNY 7.784085
CNH 7.778005
COP 3695.289544
CRC 522.463388
CUC 1.152592
CUP 30.543679
CVE 110.821967
CZK 24.174802
DJF 204.839013
DKK 7.475214
DOP 67.309719
DZD 153.225447
EGP 57.834277
ERN 17.288875
ETB 184.242088
FJD 2.549475
FKP 0.857957
GBP 0.857355
GEL 3.014012
GGP 0.857957
GHS 13.502625
GIP 0.857957
GMD 85.292198
GNF 10125.518143
GTQ 8.788265
GYD 241.218821
HKD 9.04041
HNL 30.958679
HRK 7.534952
HTG 150.646086
HUF 361.27813
IDR 20702.851399
ILS 3.471399
IMP 0.857957
INR 109.608412
IQD 1509.895075
IRR 1584957.60632
ISK 141.80319
JEP 0.857957
JMD 182.179872
JOD 0.817187
JPY 181.67259
KES 149.141517
KGS 100.79462
KHR 4667.996734
KMF 493.309394
KRW 1646.00506
KWD 0.356499
KYD 0.960164
KZT 542.785168
LAK 26048.57164
LBP 103214.582979
LKR 386.855782
LRD 208.936033
LSL 19.052185
LTL 3.403304
LVL 0.697191
LYD 7.33626
MAD 10.744475
MDL 20.168941
MGA 4950.381183
MKD 61.573895
MMK 2420.05814
MNT 4131.233505
MOP 9.308534
MRU 46.230476
MUR 53.594212
MVR 17.818945
MWK 2002.051424
MXN 19.906036
MYR 4.721703
MZN 73.650705
NAD 19.051931
NGN 1571.305274
NIO 42.400226
NOK 11.00657
NPR 175.938423
NZD 1.956749
OMR 0.443186
PAB 1.152221
PEN 3.912473
PGK 5.09395
PHP 70.316161
PKR 320.218844
PLN 4.297288
PYG 6869.927239
QAR 4.202061
RON 5.250283
RSD 117.347682
RUB 92.924497
RWF 1692.004557
SAR 4.315567
SBD 9.302748
SCR 15.433387
SDG 692.133809
SEK 10.981069
SGD 1.477876
SLE 28.181113
SOS 658.46941
SRD 43.67285
STD 23856.320291
STN 24.89598
SVC 10.082187
SZL 19.052529
THB 38.341538
TJS 10.634743
TMT 4.034071
TND 3.389771
TRY 54.80355
TTD 7.822577
TWD 37.357224
TZS 3060.128502
UAH 51.521028
UGX 4315.001205
USD 1.152592
UYU 46.423296
UZS 13847.236438
VES 848.482424
VND 30271.091065
VUV 137.324159
WST 3.149129
XAF 656.424953
XAG 0.019291
XAU 0.000282
XCD 3.114936
XCG 2.07658
XDR 0.817312
XOF 654.099666
XPF 119.331742
YER 274.773117
ZAR 18.891666
ZMK 10374.708657
ZMW 21.802137
ZWL 371.134044
  • RYCEF

    0.1500

    20.35

    +0.74%

  • CMSC

    0.0300

    21.79

    +0.14%

  • NGG

    0.5700

    80.43

    +0.71%

  • GSK

    0.0650

    51.575

    +0.13%

  • RBGPF

    3.9500

    69.95

    +5.65%

  • BCC

    4.8050

    87.835

    +5.47%

  • AZN

    -2.2500

    155.72

    -1.44%

  • VOD

    0.0850

    15.695

    +0.54%

  • RELX

    0.6450

    36.805

    +1.75%

  • CMSD

    0.0700

    22.09

    +0.32%

  • JRI

    -0.0700

    12.75

    -0.55%

  • BCE

    0.1250

    21.915

    +0.57%

  • RIO

    3.3000

    99.2

    +3.33%

  • BP

    -1.7150

    42.545

    -4.03%

  • BTI

    -0.4100

    59.15

    -0.69%

COP28 turns attention to potent methane emissions
COP28 turns attention to potent methane emissions / Photo: JOE RAEDLE - GETTY IMAGES NORTH AMERICA/AFP/File

COP28 turns attention to potent methane emissions

Climate talks often revolve around reducing the most dangerous greenhouse gas CO2.

Text size:

But other powerful heat-trapping emissions -- of methane -- are also likely to be in the crosshairs of negotiators at the crucial COP28 meeting in Dubai next week.

Methane -- which is potent but relatively short-lived -- is a key target for countries wanting to slash emissions quickly and slow climate change.

That is particularly because large amounts of methane are simply leaking into the atmosphere from fossil fuel infrastructure.

- What is methane? -

Atmospheric methane (CH4) occurs abundantly in nature as the primary component of natural gas.

It is the second largest contributor to climate change, accounting for around 16 percent of the warming effect.

Methane remains in the atmosphere for only about 10 years, but has a much more powerful warming impact than CO2.

Its warming effect is 28 times greater than CO2 over a 100-year timescale (and 80 times over 20 years).

Exactly how much methane is released in the atmosphere remains subject to "significant uncertainty", according to the International Energy Agency (IEA), despite progress in the monitoring of emissions through the use of satellites.

And scientists are puzzling over a steady increase of methane in the atmosphere, with concentrations currently over two-and-a-half times greater than pre-industrial levels.

- Gas leaks and cow burps -

The majority of methane emissions -- around 60 percent -- are linked to human activity, the IEA says, while some 40 percent is from natural sources, mainly wetlands.

Agriculture is the biggest culprit, responsible for roughly a quarter of emissions.

Most of that is from livestock -- cows and sheep release methane during digestion and in their manure -- and rice cultivation, where flooded fields create ideal conditions for methane-emitting bacteria.

The energy sector -- coal, oil and gas -- is the second largest source of human caused methane emissions.

Methane leaks from energy infrastructure -- such as gas pipelines -- and from deliberate releases during maintenance.

Discarded household waste also releases large quantities of methane when it decomposes, if left to rot in landfills.

- What can be done? -

A recent IEA report estimates that rapid cuts in methane emissions linked to the fossil fuel sector could prevent up to 0.1 degrees Celsius of warming by mid-century.

That might sound like a modest reduction, but such a reduction would have an impact greater than "immediately taking all cars and trucks in the world off the road", said the report authors.

IEA Executive Director Fatih Birol called it "one of the best and most affordable" options for reducing global warming.

It could be achieved by repairing leaky infrastructure and eliminating routine flaring and venting during pipeline maintenance.

"Leakage is far too high in many areas where natural gas is extracted but some countries, notably Norway, have shown that it is possible to extract and supply natural gas with minimal levels of leakage," Energy Programme Director William Gillett at the European Academies Science Advisory Council (EASAC) told AFP.

In the case of agriculture, it is possible to modify animal diets by, for example, adding a compound to improve their health and that of the planet.

For rice fields, changes to water management are the "most promising" way to reduce emissions, according to a FAO report.

- Binding agreement? -

A joint EU-US "Global Methane Pledge" was launched in 2021, aiming to reduce worldwide methane emissions by 30 percent by 2030, compared to 2020 levels.

Some 150 countries have signed on, but China, India and Russia were noticeably absent.

"To slow down climate change, it will be critical that the most important players who have not joined so far will engage" with the pledge, said Gillett.

Voluntary initiatives like these also lack rigorous measures to hold countries to account.

Scientists at EASAC have called for COP28 to agree on a "substantial strengthening" of the methane pledge, with a formalised reduction target of around 60 percent in the energy sector, in line with recent EU regulations.

If such a global commitment were to happen at the climate talks in Dubai later this month it would constitute a "major success", they said.

The United States and China have announced they will include methane in their climate action plans, and Beijing has revealed a plan to control its emissions -- although without a quantified target.

China's plan is a "crucial step forward in addressing one of the country's main greenhouse gases, which accounts for 10 percent of the country's total emissions", said Byford Tsand of the climate think tank E3G.

However, "it will take time to assess whether the plan could deliver 'significant effect' in the absence of any quantified reduction targets," he added.

Oil and gas giants have also proposed commitments, including the Oil and Gas Climate Initiative, which aims for zero emissions from their activities by 2030.

(B.Hartmann--BBZ)