Joint Declaration of Energy Importers and Exporters on Reducing Greenhouse Gas Emissions from Fossil Fuels

US Department of State
Foreign Ministry Spokesperson’s Office
11 November 2022
press release

The text below has been issued by the governments of the United States, Europe, Japan, Canada, Norway, Singapore and the United Kingdom.

Initial text:

The United States of America, the European Union, Japan, Canada, Norway, Singapore and the United Kingdom have promised to act quickly to solve both the security and energy problems that the world faces.

We emphasize the need to make the world transition to clean energy and recognize that continued dependence on fossil fuels puts us at risk for economic instability and light problems in the area.

We also recognize that under IPCC scenarios of 1.5°C warming, fossil fuel use will continue to decline as the global energy transition evolves. Therefore, we argue that reducing emissions of methane, carbon dioxide and other greenhouse gases in the fossil fuel energy value chain is a necessary addition to the world’s energy decarbonization of 1.5 °C heating limit.

We are committed to immediate action to reduce greenhouse gas emissions associated with fossil fuel production and use, and specifically to reduce methane emissions. We argue that reducing methane and other greenhouse gas emissions from the fossil energy sector improves energy security by reducing the time, not burning, venting and leaking that wastes natural gas. We also note that these measures will improve health outcomes by eliminating black carbon and other pollutants.

We call on suppliers of fossil energy to take steps to reduce methane emissions associated with their energy use which can lead to reduced emissions throughout the value chain, and we call on fossil energy producers to implement programs, policies and incentives to achieve emissions reductions from fossil fuels. work force.

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We call for international action to reduce methane emissions in the fossil energy sector to the extent possible with a view to reducing warming by 0.1°C by half a century, according to the findings of the International Energy Agency on the impact of the total export of technical. possible mitigation in the sector of reducing heat in the short term.

We reiterate the call for action under the Global Methane Treaty to reduce anthropogenic and methane emissions by at least 30% by 2030 compared to 2020 levels as a key strategy to reducing global warming and holding the 1.5°C target possible. percent. We recognize that fossil fuels must take the lead in reducing methane emissions quickly because there are many efficiencies and cost savings available in the fossil energy sector as needed. into the energy system of the Global Methane Pact.

Recognizing the urgent need to reduce emissions from fossil energy value chains, we are committed to working for a global market for fossil energy that reduces combustion, methane and carbon dioxide emissions throughout the value chain to the extent possible, and also work to reduce the use. fossil fuels. We support the development of criteria or standards for fossil fuel products to provide buyers with accurate, transparent and reliable information about methane and carbon dioxide emissions associated with their value chains .

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We will support domestic and international action to achieve emissions reductions across the fossil energy value chain, including:

Follow the rules and measures to achieve a reduction in methane and carbon dioxide emissions throughout the fossil fuel:

Follow the rules and measures to eliminate routine venting and flaring and to detect smoke regularly and repair plans in oil and gas exploration, production and downstream operations.

Implement policies and measures to capture, use or destroy methane in coal operations as required, including through pre-mining irrigation, coal mine methane destruction, and air methane destroyed.

Develop measures to request or encourage reductions in greenhouse gas emissions associated with the supply of fossil fuels.

Adopt policies and measures to promote robust measurement, monitoring, reporting and analysis of methane emissions in the fossil energy sector and transparency of related information:

Adopt policies and measures to improve the accuracy of methane emissions data and address the need to strengthen GHG inventories, including through improved data and direct measurement of sources for oil and gas, with a view to higher levels of the IPCC. methods for estimating the amount of emissions based on direct measurement, random sampling, emission factors, and other government agencies recommend the approach and improve monitoring, reporting and verification mechanisms when there is new information.

Promote processes or standards to improve the accuracy, availability, and transparency of fossil energy methane emissions and emissions using data at the product, portfolio, jurisdiction and national levels, including decision-making of certification such as the Oil and Gas Methane Partnership Standard 2.0 and its tools, such as independent verification that can support data collection and reporting.

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Support international efforts to improve the measurement, monitoring, reporting and analysis of methane emissions and transparency of relevant data, including cooperation with the UNEP International Methane Emissions Observatory and others partner with many things.

Improve the quality of information on fossil energy methane, including abandoned wells and mines, non-commercial or unused resources.

Strengthen cooperation to reduce methane and carbon dioxide emissions in the value chains of the international exchange of fossil fuels:

Engage with citizens, municipalities and private producers and buyers of electric power to obtain the benefits of contracts and other instruments, as appropriate, in order to for improving the performance of methane and carbon dioxide emissions from the fossil energy industry, including efforts to reduce the use of methane and others. greenhouse gases per unit of energy delivered.

Support companies’ participation in the Oil and Gas Methane Partnership Standard 2.0.

Mobilizing programs and funding to reduce methane and carbon dioxide emissions in the fossil energy sector:

Enhancing services and investments to reduce methane and carbon dioxide emissions along the fossil energy value chain.

Develop financial instruments and harmonize financial models to support the reduction of methane and carbon dioxide emissions in the fossil energy sector.

End of text. Policies and measures to achieve reductions in methane and carbon dioxide emissions throughout the value chain

For more information, please contact [email protected]

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