- December 15, 2018
- 688 views
Companies have the opportunity to change this conversation. Investors recognize that some companies have taken steps to reduce methane emissions in their own operations, but note that smart policy is necessary to truly mitigate this risk across the industry.
In 2017, 610 different companies accounted for 50% of U.S. oil and gas production. This market fragmentation means that federal methane regulation is needed to ensure an even playing field among companies, and that the entire industry is operating with best practices. EPA methane regulation can help prevent investment portfolios, the reputation of natural gas, and the entire industry from being dragged down by the worst actors.
The oil and gas industry can exercise its powerful voice in this policy debate. Investors have spoken. They want industry to act on this issue, and quickly.