News / #methane
He was drawing from a buzz phrase made popular by the Chinese, which means doing the bare minimum to get by. Avoid complacency but don’t adopt "catastrophic thinking", says Tharman Shanmugaratnam at the Ecosperity sustainability conference.
The country’s largest utilities could have 11 million more tonnes of liquefied natural gas per year than needed by 2030. The resultant gas exports could create overcapacity and fry climate targets in emerging Asian markets, analysts say.
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Tools already exist for the oil and gas industry to reduce methane and massively decrease global emissions. Firmer regulations, however, may be the only way to stop polluters.
The company partly financed by carbon credits was producing 30 tonnes of compost a day, but couldn’t sell it, said co-founder Sean Nino.
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