ExxonMobil commits to methane emissions reduction by 2030
In September, the U.S. and European Union announced a Global Methane Pledge to reduce methane emissions by 30% below 2020 levels by 2030. More than 30 nations have now joined the Pledge, and more could be announced at the upcoming COP26 climate summit in Glasgow, Scotland.
ExxonMobil agrees, and we are committed to working with the U.S. government, the European Commission and other governments to help achieve the objectives of the Pledge.
More specifically, they are:
- As previously announced, reducing our own methane emissions by 40-50% by 2025 compared to 2016 levels;
- Developing, testing and deploying new methane detection and mitigation technologies; and
- Working with others in our industry to advance methane emission reductions.
We believe our ongoing methane reduction plans are aligned with the Pledge’s goal.
We also see the value of collaborating with other methane-emitting sectors – such as agriculture, livestock, and landfills — and will share our experience, technologies and mitigation strategies to help find solutions that work for them. Because each nation has a different methane emissions profile, contributions from all sectors will be critical to achieving the Pledge goals
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