Canadian Gas Producer Tourmaline's Methane Emissions Surge 200% After Deals [BNN Bloomberg (Canada)]
Canadian Natural Resources Limited (CNQ)
Last canadian natural resources limited earnings: 3/5 05:00 am
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Source: BNN Bloomberg
The company vented 3,862.5 cubic meters of natural gas in October, a threefold jump from September. That's about 84.8 metric tons a day, the highest in Alberta Energy Regulator data stretching back to the start of 2020, when the agency revised its fuel, flare, and vent gas definitions. For the first time, Tourmaline's emissions surpassed those of Canadian Natural Resources Ltd., the country's top overall oil and gas producer. Gas is primarily made up of methane. “That is a huge source,” said Rob Jackson, a Stanford University climate scientist who has tracked the rise in methane. The US EPA defines super-emitters as releasing 100 kilograms per hour, he said. In October, Tourmaline emitted more than three times that amount. Tourmaline didn't immediately respond to requests for comment. The surge in Tourmaline's emissions comes as the world is at risk of losing its battle to tame methane emissions, despite pledges from about 160 countries and 140 companies to combat the potent
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