Methane emissions from coal mines could be more than double previous estimates, according to a new study. The fossil-fuel industry is understood to be one of the biggest sources of atmospheric methane, primarily due to leaks from the production of oil and gas. However, a new paper published in the Journal of Cleaner Production suggests that coal mining may actually be a bigger contributor to levels of the greenhouse gas, with emissions set to grow considerably in the coming years. This is even more pronounced when accounting for the impact of old coal mines that continue to seep methane long after they have been abandoned. To date, attempts to curb methane emissions from mines have been limited.
Carbon Brief 24th March 2020 read more »
Oil price may fall to $10 a barrel as world runs out of storage space. The world may soon run out of space to store its extra oil as Saudi Arabia prepares to increase its fossil fuel production even as global demand for energy continues to fall due to the Covid-19 pandemic. Oil storage levels across the world’s storage facilities have climbed to about three-quarters full on average since the January shutdown of major refineries in China’s industrial heartlands to stem the outbreak of the coronavirus. The oil industry is expected to keep filling oil storage with crude in the weeks and months ahead as the pandemic’s economic contagion spreads through the rest of the world, cutting demand for natural resources including oil.
Guardian 25th March 2020 read more »