Methane Guiding Principles’ Post

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Methane Guiding Principles was out in force at the Methane Mitigation Summit Series earlier this month in Austin, Texas. Chris Rathbun’s panel on developing a strategy to reduce methane emissions in non-operated joint ventures drove home the message that collaboration is critical for overall global methane reduction. This lesson came up again and again throughout the conference and reinforced the need for platforms like MGP to convene diverse stakeholders in this effort.🤝 The summit’s halls teemed with other big ideas and impactful organizations: 🛰️ Improvements in detection and measurement techniques—from drones to aircraft to satellites, including via innovators like GHGSAT—will provide enhanced transparency over emissions. Everyone is getting on the bandwagon to bridge major gaps in verification. ✅ The global push to improve measurement and reporting is accelerating as regulation ramps up, particularly in Europe. When it comes to regulation, organizations need to stay ahead of the curve, rather than scrambling to react to every new rule. It’s therefore great to see operators converge on UNEP's OGMP 2.0 as the North Star for reporting. The “gold standard” of L5 reporting will spread as companies up their game. ☠️ Methane leaks are not just an emissions issue—human health and safety are also at risk. It was great to hear this point hammered home by Seth Long, CEO of Shepherd Safety Systems, LLC in his insightful talk. 💸 Investment in methane mitigation is rising amid a landscape of increasing activity, particularly on the technological front. This was the message of an illuminating discussion featuring MGP supporting organization Climate Investment (CI). All in all, it was a fruitful two days of panels, meetings and networking. We look forward to seeing everyone in Austin again next year! Let us know your top takeaways in the comments. 💬 #methaneemissions #methane

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