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Oxford – Analysing the EU Methane Regulation

Summary
Methane, the second-largest contributor to climate change, is a pressing issue that requires urgent action. The Global Methane Pledge aims to reduce manmade methane emissions by 30% by 2030, but only a few countries have implemented specific measures so far, mostly focusing on the energy sector. Methane emissions in this sector mainly come from fossil fuel extraction, transport, and use, representing a significant challenge in quantification and reporting. Official inventories often underestimate methane emissions due to various factors such as episodic events and measurement uncertainties. The EU is prioritizing the improvement of methane emissions measurement and mitigation, given its status as one of the largest fossil fuel importers. The EU Methane strategy focuses on reducing energy-related emissions and those associated with fossil fuel imports to address the issue effectively.
Region: European Union 
Published: June 2024 
Author(s): Oxford 
Language: English 
Geopolitical drivers: Economic conditions 
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