"'No Excuse': IEA Tells Energy Firms As Methane Emissions Rise"

"LONDON - The fossil fuel industry is failing to tackle methane emissions despite its pledges to uncover and fix leaking infrastructure, according to a report by the International Energy Agency (IEA) published on Tuesday.

In 2022, the global energy industry released into the atmosphere some 135 million tonnes of methane - a potent greenhouse gas responsible for roughly a third of the rise in global temperatures since the industrial revolution.

Last year's emissions rose above 2020 and 2021 levels, and were only slightly below the record amount released in 2019, despite high energy prices and surging demand for natural gas that provided extra incentives to capture methane, the report said."

Gloria Dickie and Kate Abnett report for Reuters February 21, 2023.

Source: Reuters, 02/21/2023