Gas processing plant in northwest Alberta, courtesy of EnergyNow
Courtesy of ENERGYminute
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In a pat-yourself-on-the-back moment, Alberta’s oil and gas industry successfully achieved a 45 percent reduction in methane emissions, surpassing the province’s mandated target ahead of schedule.
Background: Alberta was the first province in Canada to commit to a 45 percent reduction in methane emissions from the oil and gas sector by 2025, based on 2014 levels. Spoiler alert: Alberta achieved its methane mission three years early.
- Their targeted approach to reducing methane emissions from flaring, venting and fugitives has become an example globally, earning national and international awards for its effectiveness and cost-efficiency.
Alberta strong:Â The government credited the early success to close collaboration with the industry, implementing early action programs such as carbon offsets, tough regulations for all facilities, and enhanced leak detection and repair methods.
Minister of Environment Rebecca Schulz highlighted that this made-in-Alberta approach not only achieved the goal three years ahead of schedule but also resulted in roughly $600 million in savings for the industry compared to the proposed federal program.
Getting the job done: Alberta allocated $57 million from the Technology Innovation and Emissions Reduction fund for methane emissions programs, including:
- $25 million in rebates to companies adopting emissions reduction equipment.
- $17 million supporting alternatives to detecting and quantifying emissions.
- $15 million to help small- and medium-sized operators assess methane reduction opportunities.
Overall, the initiatives eliminated 16.6 million tonnes of carbon dioxide equivalent from the atmosphere.
Looking ahead:Â Alberta is committed to building on this momentum and collaborating with industry experts to determine the next steps in their emissions reduction journey, aligning with the goal of carbon neutrality by 2050.
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