The United States and the European Union are calling on the world to join a global initiative for a significant reduction in methane emissions, as major economies proceed with plans to tackle the worst effects of climate change. At a recent summit, the United States, the EU, and several other countries, including OPEC’s number two, Iraq, indicated that they would support the so-called Global Methane Pledge. The initiative, expected to be launched at the UN Climate Change Conference (COP 26) in November in Glasgow, calls for countries to join it in committing to a collective goal to cut global methane emissions by at least 30 percent from 2020 levels by 2030. The signatories would also pledge to use the best available inventory methodologies to quantify methane emissions, with a particular focus on high-emission sources. A pledge to slash methane emissions could directly impact regulations concerning the U.S. energy sector, […]