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Beyond wells: Towards demand-side perspective to manage global methane emissions from oil and gas production

Chen, Bin; Kan, Siyi; Wang, Sijing; Deng, Huijing; Zhang, Bo; (2023) Beyond wells: Towards demand-side perspective to manage global methane emissions from oil and gas production. Resources, Conservation and Recycling , 193 , Article 106971. 10.1016/j.resconrec.2023.106971. Green open access

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Abstract

The international trade of oil/gas-implicated commodities could potentially jeopardize global methane mitigation targets when exporting countries have loose or even no methane regulations. Therefore, this paper constructs a demand-driven impacts model to uncover the impact of global consumption and international trade on regional oil and gas methane emissions in 2014. It's estimated that more than three-fifths of global oil & gas methane emissions are embodied in international commodity trade (e.g., petroleum, chemicals), primarily from large oil and gas suppliers (e.g., Russia, Nigeria and Iran) to large consuming economies (e.g., China, Japan and USA). Notably, more than three quarters of oil & gas methane emissions embodied in EU's final consumption occurs in other regions. Our results could facilitate targeted demand-side mitigation strategies (e.g., labeling low-emission products, shifting to a circular bio-economy) to complement supply-side efforts, especially considering the relatively loose supply-side methane regulations on oil and gas sectors in large exporting regions.

Type: Article
Title: Beyond wells: Towards demand-side perspective to manage global methane emissions from oil and gas production
Open access status: An open access version is available from UCL Discovery
DOI: 10.1016/j.resconrec.2023.106971
Publisher version: https://doi.org/10.1016/j.resconrec.2023.106971
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
URI: https://discovery-pp.ucl.ac.uk/id/eprint/10177967
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