Full Title: Know Your Oil and Gas: Generating Climate Intelligence to Cut Petroleum Industry Emissions
Author(s): Deborah Gordon, Jonathan Koomey, Adam Brandt, Joule Bergerson
Publisher(s): Rocky Mountain Institute (RMI)
Publication Date: June 24, 2022
Full Text: Download Resource
Description (excerpt):
The oil and gas industry’s emissions reporting lacks sufficient transparency today, especially when it comes to methane emissions. Oil and gas operations have divergent climate intensities that range by a factor of 10. This report offers market actors, policymakers, and the public new climate intelligence to align oil and gas sector greenhouse gas (GHG) emissions with 1.5°C climate goals.
The Know Your Oil and Gas report — along with the accompanying Oil Climate Index plus Gas (OCI+) web tool — analyzes the life-cycle GHG emissions for one-half of the world’s current oil and gas production. Emissions intensities are estimated from upstream extraction, midstream refining, downstream transport, and end-use combustion. Greater transparency is urgently needed to expand beyond the publicly available data used in this current assessment of 135 global oil and gas resources.