The AAAS EPI Center hosted a virtual half-day symposium to explore the landscape of carbon credit markets with respect to reductions in greenhouse gas emissions in the oil and gas sector. Presentations and discussions included the relevant science, methodologies, and procedures related to quantifying, monitoring, and verifying reductions in greenhouse gas emissions from the oil and gas sector. Additional content focused on the opportunities and risks related to carbon credits for properly decommissioning oil and gas wells.
Reducing methane emissions will have a rapid and significant effect on the rate of climate change. Scientific evidence detailing how best to measure, monitor, and mitigate methane emissions from the oil and gas industry will help set limits to protect health and meet US climate goals.