Business
Exxon Takes Action To Limit Methane Emissions
In 2016, the Obama Administration Environmental Protection Agency (EPA) set new limits on methane emissions from the oil and gas industry, calling for halving emissions by 2025. L & # The Trump administration has offered to reconsider these rules, and you might think that the oil and gas industry would be happy with them (regulation – bad, right?)
Surprisingly, however, not everyone agrees with pushing back the regulations.
In 2018, for example, Royal dutch shell has proposed to limit its own methane emissions to no more than 0.2% of natural gas extracted by 2025. (Overall, the International Energy Agency estimates that the average rate of leakage methane is currently 1.7%). And today, ExxonMobil (NYSE: XOM) proposed a “model framework” for government regulation of emissions “at all stages of production”.
Building on voluntary reductions in methane emissions, Exxon's plan urges companies to replace components of energy infrastructure at production sites with "high leakage potential", to improve the technology of production in general, to conduct additional research and collect more data.
Practicing what he preaches, Exxon says he has managed to reduce his own methane emissions by 20% since 2016 in "unconventional operations" (i.e. fracturing) and is on track to reduce its emissions by 15% in all areas.
Why are Shell and Exxon taking these steps? To reduce global warming of course – because methane in the atmosphere can become 80 times more potent as a greenhouse gas, than carbon dioxide, over long periods. Energy companies would probably also prefer to proactively help draft the rules that govern their operations than to ask the EPA to do it for them.
From a competition perspective also, the rising cost of regulation has the potential to increase costs for business competitors, giving a business advantage to larger-scale businesses, businesses like. .. Shell and ExxonMobil.
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
picture credit
to request, modification Contact us at Here or [email protected]
 |
 |
 |
