12/11/2022 0 Comments House of velez game![]() This is a laudable goal, but again, where is the action plan? ![]() This is why President Andres Manuel López Obrador has latched onto the idea of reducing methane emissions from Pemex operations by 98 percent. According to the World Bank, Mexico is one of the countries that burns the most natural gas into the atmosphere, signifying as much as 18 percent of national gas production, according to statistics from the Secretary of Energy. Reducing methane emissions in the oil and gas industry is particularly important to increase energy efficiency in Mexico, given that methane is essentially natural gas and can be captured and reused. As the saying goes, mucho ruido, pocas nueces. In fact, a recent United Nation’s Environment Program (UNEP) report shows that oil and gas methane emissions in Mexico are approximately 45 percent higher than officially reported. And no significant action has been taken to abate emissions. It all sounds good, but there is no real plan. ![]() Last year, Mexico signed the Global Methane Pledge put forth by the US and the EU and the government has publicly said that it is on board with climate change abatement. ![]()
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