The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) announced up to $30 million for the development of advanced technologies to reduce or eliminate the need for natural gas flaring at oil production sites, a known source of methane emissions, by converting unused and otherwise wasted natural gas produced at those operations into value-added products such as sustainable chemicals and fuels.
After carbon dioxide, methane is the second most abundant greenhouse gas warming our planet, accounting for 20 percent of global greenhouse gas emissions. This funding opportunity supports President Biden’s U.S. Methane Emissions Reduction Action Plan and the Administration’s pledge that the United States will work with global partners to reduce the world’s methane emissions 30% from 2020 levels by 2030, while simultaneously cutting consumer costs, protecting workers and communities, growing jobs, and promoting U.S. technology innovation.
Courtesy of the Department of Energy.