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Tackling Methane: EU and US Initiatives
This chapter explores the European Union's methane regulations and their goal to enhance transparency in methane emissions, alongside the U.S.'s efforts spurred by the Inflation Reduction Act. It discusses the significant sources of global methane emissions, the introduction of a tax on those emissions, and certification processes for responsibly sourced gas. The chapter highlights the collaborative efforts within the oil and gas sector to address methane reduction, showcasing a growing commitment from companies and financial institutions towards environmental sustainability.