- Methane, a potent greenhouse gas, accounts for over 30% of global warming dating back to pre-industrial times
- Despite its connotations as a relatively clean fossil fuel, natural gas is 70-90% made up of methane
- A key source of greenhouse emissions in recent year has been the leakage of methane from natural gas fracking operations
- Renewable Natural Gas presents a carbon neutral alternative to natural gas, with production increasing by over 20% YoY in both, the United States and Canada over the past year
- EverGen Infrastructure Corp. has been at the forefront of the development of North America’s RNG production capacity; by early 2023, the company targets over 230 gigajoules per day of RNG production capacity
Methane, a potent greenhouse gas and major contributor to global warming, has historically borne an association with cow burps and wetlands (https://ibn.fm/qCrGW). Over 80 times more potent than carbon dioxide, methane has been found to account for approximately 30 percent of global warming since pre-industrial times and is currently proliferating faster than at any time since record keeping first began in the 1980s (https://ibn.fm/ks84p). In comparison, natural gas has been hailed as the potential ‘bridge’ fuel towards a greener future, with consumers pointing towards the relatively lower carbon emissions generated through the use of natural gas relative to the likes of crude oil and thermal coal. Nonetheless, and despite its greener connotations and perception as a largely benign fossil fuel, natural gas is composed of 70-90 percent methane (https://ibn.fm/zUc8X), an oft forgotten statistic by natural gas advocates.
Over the past decade, nearly two-thirds of all new gas production globally has emerged from the United States and Canada, a result of new natural gas fracking technology. A complex process entailing the injection of highly pressurized water, chemicals, and sand to create and prop open fissures for gas to…
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