GLOBAL METHANE TRACKER 2024
The International Energy Agency (IEA) released its Global Methane Tracker 2024, highlighting concerning trends in methane emissions worldwide.
Methane emissions from fuel usage reached near-record levels in 2023, underlining the urgency of addressing this potent greenhouse gas.
Major Highlights of Global Methane Tracker 2024:
Methane Emissions Overview:
- In 2023, methane emissions from fossil fuels totaled close to 120 million tonnes (Mt).
- An additional 10 Mt of methane emissions came from bioenergy, mainly from biomass use, a level consistent since 2019.
Rise of Major Methane Emissions Events:
- Major methane emissions events surged by over 50% in 2023 compared to 2022.
- Notable incidents included significant fossil fuel leaks globally, with over 5 million metric tons of methane emissions.
- A major well blowout in Kazakhstan persisted for over 200 days, indicating the severity of these events.
Top Emitting Countries:
- Nearly 70% of methane emissions from fossil fuels originate from the top 10 emitting countries.
- The United States leads in methane emissions from oil and gas operations, followed closely by Russia.
- China ranks highest in methane emissions from the coal sector.
Importance of Cutting Methane Emissions:
- Reducing methane emissions from fossil fuels by 75% by 2030 is crucial for limiting global warming to 1.5 °C.
- Achieving this goal requires approximately USD 170 billion in spending, less than 5% of the income generated by the fossil fuel industry in 2023.
- Around 40% of emissions from fossil fuels in 2023 could have been avoided at no net cost.
Understanding Methane:
About Methane:
- Methane, represented by CH4, is the simplest hydrocarbon, consisting of one carbon atom and four hydrogen atoms.
- It is odorless, colorless, lighter than air, and burns with a blue flame in complete combustion.
Contribution to Global Warming:
- Methane ranks as the second most important greenhouse gas (GHG) after carbon dioxide (CO2), with a 20-year global warming potential (GWP) of 84.
- Despite its shorter atmospheric lifetime compared to CO2, methane contributes significantly to global warming, accounting for about 30% of the rise in global temperatures since the preindustrial era.
Major Sources of Methane Emission:
- Natural sources such as wetlands and agricultural activities contribute to methane emissions.
- Combustion and industrial processes, including burning of fossil fuels and biomass, also release methane.
- Agricultural practices like enteric fermentation and rice cultivation are significant contributors to methane emissions.
Global Methane Pledge:
- Launched at UNFCCC COP26, the Global Methane Pledge aims for a 30% reduction in global methane emissions from 2020 levels by 2030.
- India’s decision not to sign the pledge stems from concerns regarding its focus on methane reduction over CO2, potential impacts on agriculture-dependent livelihoods, and the country’s significant role in rice production and livestock farming.
Way Forward:
Improved Agricultural Practices:
- Adoption of sustainable agricultural practices like precision farming and integrated crop-livestock systems can reduce methane emissions from agricultural activities.
Methane-Capturing Technologies:
- Implementation of methane capture technologies in livestock operations and landfills can convert methane into usable energy, mitigating emissions.
Rice Cultivation Techniques:
- Promotion of techniques like System of Rice Intensification (SRI) and Direct Seeded Rice (DSR) can significantly lower methane emissions from rice paddies.
Biogas Production:
- Encouraging biogas production from organic waste offers a renewable energy source while mitigating methane emissions from waste decomposition.