-
Candidate for UN chief calls for AI regulation akin to nuclear weapons
-
US Fed raises rates to battle inflation in move likely to rile Trump
-
'We're losing control,' AI pioneer Yoshua Bengio tells AFP
-
US House faces test on sweeping Russia sanctions bill
-
IR-MED and Dice Technologies Announce collaboration to Evaluate and Advance Pressure-Injury Prevention Platform in Japan
-
British PM says to make 'difficult decisions' as inflation rises
-
Watts, Pitt, Cruz to light up Spain's top film festival
-
Global fuel price demos: a round-up
-
Toogood Gold's Table Mountain Sits in the Shadow of a Nevada Gold Rush
-
Leverate Launches MCP for Traders to Connect AI Assistants With Trading Platforms
-
MEXC July–August Security Report: 38.66M USDT in Risk Funds Intercepted, Futures Insurance Fund Hits 792M USDT
-
MEXC Launches $1M "Discover Your Wall Street DNA" Campaign to Help Traders Find Their Market Fit
-
Emporio Armani names Dario Vitale new creative director
-
Stocks edge higher ahead of US Fed rate call
-
EU to ban social media for under 13s, curb access until 15
-
BASIS.pro Expands On-Chain Infrastructure with XDC Network Partnership and Zypher DAO as Auto Earn Goes Live
-
Wildfires push endangered Sumatran elephants to brink: Indonesian NGO
-
Pickle-flavoured tart? AI inspires Japan's convenience stores
-
Bank of Japan set to raise rates under pressure from inflation, US
-
EU chief hosts Canada's Carney in push to 'deepen' alliance
-
EU chief to unveil social media, gaming curbs for under-15s
-
Meta chief pushes back on AI slowdown calls
-
'Resident Evil' film brings video game's ethos to the big screen
-
US Fed to deliver rate decision with markets betting on hike
-
GA-ASI Mojave First UAS To Complete Battlefield Short Field Ops
-
i-payout Expands U.S. Money Transmitter Licensing Footprint and Advances European EMI Strategy
-
Sanders, Bannon warn of AI dangers in rare US left-right alignment
-
US Senate crypto bill collapses amid partisan deadlock
-
Empty benches as schools reopen in Venezuela's quake-hit Guaira
-
OpenAI, Anthropic and Google are working to create an AI standards body
-
Tiny English village holds 'independence' vote over asylum seeker housing
-
Protesting shepherds, farmers clash with Romanian police
-
US Treasury chief says to meet Chinese counterpart at weekend
-
Foundation Lets Ledger Users Switch to Open Source Without Starting Over
-
BingX Evolves into a Multi-Asset Trading Platform, Connecting Users to Global Opportunities
-
EU to propose curbing social media, online games for under 15s
-
International Trading Institute Expands Professional Trader Development Beyond the Master’s in Trading
-
FX Junction Reaches 40,600 Members and 26 Million Trades
-
Lake Energy Secures $80 Million for U.S. Renewable Energy Expansion
-
'We unleashed the beast': the world's fears and hopes about AI
-
Stocks drop, oil climbs and Treasury yields hit 19-year high
-
Hospitality leaders ask Burnham to halve VAT amid rising costs
-
SkySail Strategies Outperforms Wall Street's 30-Year Risk Standard With Proprietary AI Inference Model
-
Worcestershire invited to nominate groups for 2027 King’s volunteer award
-
Just add fish: Scientists pursue more rice, less disease in Senegal paddies
-
Berlin's run-down public spaces at heart of election campaign
-
Belgium completes outer structure of offshore energy island
-
'Widow's Bay' and 'The Pitt' win big at Emmy Awards
-
China retail sales growth weakens further in August
-
Most markets drop as oil extends gains ahead of expected US rate hike
US targets fossil fuel 'super-emitters' of methane
On the hunt for the methane "super-emitters", US President Joe Biden on Friday unveiled a plan to plug oil and gas leaks and tighten regulation as several global emitters vowed to step up efforts to slash pollution of the powerful greenhouse gas.
Methane, released from the oil and gas, waste and agriculture sectors as well as through natural processes, is responsible for roughly 30 percent of the global rise in temperatures to date.
Dozens of countries have signed up to cutting their emissions of the short-lived but potent gas by a third this decade and Biden said this could be "our best chance" to meet the Paris climate deal's more ambitious goal of limiting warming to 1.5 degrees Celsius.
"We have to make vital progress by the end of this decade," he told an audience at COP27 in the Egyptian seaside resort of Sharm el-Sheikh.
With recent data showing methane concentrations in the atmosphere made their biggest increase on record in 2021, the United States, the European Union, Japan, Canada, Norway, Singapore and Britain signed an agreement committing to "immediate action to reduce the greenhouse gas emissions associated with fossil energy production and consumption".
They also vowed to minimise flaring -- burning off unwanted natural gas from oil and gas wells -- and to minimise methane and carbon dioxide "across the value chain to the fullest extent practicable, while also working to phase down fossil fuel consumption", according to a statement from the EU.
- 'Hot spots' -
Biden pledged to invest more than $20 billion in cutting emissions in the United States, including improving equipment and capping leaks in the oil and gas industry.
He also touted "strong regulatory actions" from the country's Environmental Protection Agency, which, if finalised, would toughen up standards for methane and other harmful air pollutants.
This was "especially from super emitters", he said, referring to a programme that would require operators to respond to credible third-party reports of high-volume methane leaks.
Earlier this week, the newly-launched TRACE satellite monitoring project said the top 14 largest emitters are all oil and gas extraction sites.
And of those, the biggest emitter on the planet is the Permian Basin in Texas -- one of the largest oilfields in the world -- said former US vice president Al Gore, a project founder.
On Friday, the UN Environment Programme unveiled its satellite-based Methane Alert and Response System (MARS), which will use data from global mapping satellites to detect methane "hot spots" and large plumes of the gas, and identify their source.
- 'Game changer' -
Biden said the measures announced Friday would enable the US to reduce its emissions from covered sources by 87 percent below the levels of 2005, by 2030.
At last year's COP26 climate summit in Glasgow, more than 100 nations agreed under the Global Methane Pledge to reduce emissions 30 percent by 2030, spearheaded by the US and European Union.
But several major methane emitters -- including China, Russia, Iran and India -- failed to sign.
That figure has grown to 130, Biden said Friday, adding it was a "game changer".
Governments have zeroed in on emissions of methane, which lingers in the atmosphere only a fraction as long as CO2, but is far more efficient at trapping heat. Levels of the gas are their highest in at least 800,000 years.
European Commission President Ursula von der Leyen said countries working together could reduce warming by 0.1C by mid-century, adding "every fraction of a degree counts in our fight to preserve our planet for future generations".
Rachel Cleetus, lead economist at the Union of Concerned Scientists' climate programme, said the swathe of new announcements on methane "are critical" to addressing planet-heating methane pollution.
"We urgently need better tracking of methane emissions and stronger rules to reduce these emissions," she said.
The International Energy Agency has decried the enormous amount of methane that leaks from fossil fuel operations, estimating the amount lost last year globally was broadly similar to all the gas used in Europe's power sector.
In October, NASA said a methane plume about two miles (3.3 kilometres) long was detected southeast of Carlsbad, New Mexico, in the Permian Basin.
Ng.A.Adebayo--CPN