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The Great Methane Pledge Two Years Later

The Great Methane Pledge Two Years Later

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In this episode of Climate Economics, Lucas and Luna examine the Global Methane Pledge two years after its launch at COP26. Over 150 countries signed on to cut methane emissions 30% by 2030 — but actual progress has been mixed. Lucas breaks down the specific methane hotspots detected by satellite data from the International Energy Agency and the UN: leaks from oil and gas operations in Turkmenistan, Russia, and the US Permian Basin that alone could account for nearly half the needed reductions. They discuss why methane is a 'low-hanging fruit' for climate policy — it's 80 times more potent than CO₂ over 20 years but stays in the atmosphere only a decade. Luna challenges whether voluntary pledges are enough, and Lucas points to the EU's new methane regulations and proposed US EPA rules as turning the pledge into enforceable law. They close on the question of whether satellite monitoring and punitive tariffs on high-methane imports could create real accountability. #Methane #GlobalMethanePledge #COP26 #ClimatePolicy #OilAndGas #SatelliteMonitoring #IEA #UnitedNations #EU #EPA #Turkmenistan #PermianBasin #MethaneEmissions #LowHangingFruit #ClimateEconomics #Economics #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo
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