After Canada and the United States both announced new policy measures to address oil and gas methane at the COP28 climate summit — just weeks after the EU agreed to extend its methane intensity standards to imported natural gas — it is clear that global policy to address the potent climate-warming greenhouse gas is moving fast.
As policy continues to evolve and demand shifts toward cleaner forms of energy, methane intensity will be key to assessing progress and regulatory efficacy, as well as ensuring the global competitiveness of Canadian product.
