"MiQ runs the largest voluntary methane certification programme globally, covering about a fifth of US natural gas production and 7% globally. It maintains that its framework is specifically designed to comply with the EU methane regulation."
"The EUMR, in force since August 2024, requires energy firms to monitor, report and verify methane emissions at their drilling sites and conduct regular leak detection surveys."
"Industry groups that have been lobbying for voluntary certification to suffice for compliance are now lobbying to pause implementation of the EUMR for imported gas altogether amid the US-Israel war in Iran and resultant destabilisation of the energy markets."
A UK nonprofit's certification scheme, MiQ, used by major gas companies like BP and ExxonMobil, may be underreporting methane emissions. This scheme aims to demonstrate compliance with the EU Methane Regulation, which mandates monitoring and reporting of emissions. MiQ covers a significant portion of US natural gas production and claims adherence to EU standards. However, industry groups are lobbying to pause the regulation's implementation amid geopolitical tensions. The stakes are high for US producers, who supply a large share of Europe's LNG, especially as the EU reduces reliance on Russian gas.
Read at www.theguardian.com
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