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Emission Reductions Associated with U.S. Oil and Gas Industry Investments in Greenhouse Gas Mitigation Technologies

Emission Reductions Associated with U.S. Oil and Gas Industry Investments in Greenhouse Gas Mitigation Technologies

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Published by Energy Tomorrow
Greenhouse gas emissions from the U.S. oil and natural gas industry declined more than 48 million metric tons of carbon dioxide equivalent from 2007 to 2008, a reduction comparable to taking 9.7 million cars off the roads.

Among the factors contributing to the reduction is more than $58 billion invested by the industry in low-carbon technologies from 2000 to 2008.
Greenhouse gas emissions from the U.S. oil and natural gas industry declined more than 48 million metric tons of carbon dioxide equivalent from 2007 to 2008, a reduction comparable to taking 9.7 million cars off the roads.

Among the factors contributing to the reduction is more than $58 billion invested by the industry in low-carbon technologies from 2000 to 2008.

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Categories:Types, Research, Science
Published by: Energy Tomorrow on Mar 25, 2010
Copyright:Attribution Non-commercial No-derivs

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11/09/2012

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Thomas TantonPresident, T
2
and Associates
March 2010
Emission Reductions Associated with U.S.Oil and Gas Industry Investments inGreenhouse Gas Mitigation Technologies
 
 ii
 Energy Innovations Everywhere
 
Executive Summary
U.S. based oil and gas industry sources report reductions of greenhouse gasemissions totaling 48.3 million metric tons CO
2
equivalent for 2008 compared to2007.
1
This is equivalent to taking 9.7 million cars off the road.
2
 Reported reductions in 2008 fall into three major categories:fuel substitution, such as increasing natural gas supply through capturingfugitive emissions, replacing more carbon intensive fuels,non-hydrocarbon, such as biofuels produced at biorefineries, and,end-use, including combined heat and power.Forty-six percent of the U.S. based oil and gas industry emission reductionsbetween 2007 and 2008 are estimated to have occurred in the fuel substitutioncategory, largely due to enhanced management of methane in the natural gassupply and distribution network. Thirty-five percent of the reductions are estimated tohave occurred in the end use category, largely from investment in combined heatand power (cogeneration) at refineries and other facilities. The remainder, 19percent is in the non-hydrocarbon category.
Reported Emission Reductions 2008 v 2007Oil and Gas Industry in North America
Category
 
Emission Reductions(MMTCO
2
e)Emission Reductions(percent)Fuel Substitution
22.1 46%
Non Hydrocarbon
9.4 19%
End Use
16.8 35%
TOTAL
48.3
1
Estimates of emission reductions reported herein include both actual reductions and avoided emissions, e.g., aplant expansion with a CHP unit that increases facility emissions but by less than what would have otherwiseoccurred without the CHP unit.
2
Passenger vehicles estimate derived from http://www.epa.gov/otaq/climate/420f05004.htm,by dividing total reductions by average passenger vehicle emissions

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