methane

The Western Governor’s Association, including Wyoming Governor Matt Mead, passed a resolution this weekend saying the energy industry needs to reduce methane leakage. Methane is the main component of natural gas. The resolution says methane leaks are a serious financial and environmental problem.

Jon Goldstein is the Environmental Defense Fund’s Senior Policy Manager. He says leaks should be a concern not only for people worried about the environment, but also companies looking at the bottom line.

Government estimates of methane emissions from the Rocky Mountain region might be low.

Methane is a potent greenhouse gas that’s produced by agriculture, natural gas drilling and coal mining, among other things. Knowing how much of it is being released is important because of its potential effects on climate.

Bankrupt methane farming company Luca Technologies is planning to walk away from its wells on federal lands in Wyoming without plugging them. The company and its subsidiaries have between four and five hundred wells on federal lands, and COO Brian Cree says it's unlikely there will be enough money to clean them up.

“Those wells will just be turned back over to the federal government, and the federal government will be in a position to use their resources to plug and abandon those wells," Cree says.