API Releases Template for Voluntary O&G Emissions Reporting

As we have pointed out more than a few times, one of the biggest problems we have with so-called ESG (environment, social, governance) programs lauded by the oil and gas industry, including those in the Marcellus/Utica, is the lack of an objective standard. Anyone can define ESG any way they want. In fact, last week we published an article in which the president at LNG Europe Institute for Methane Fuels (based in Austria) said, "ESG is an utter waste of space and money to provide a bunch of expensive consultants with ‘good for nothing’ jobs and also to provide cover for managers of mainly public companies" (see Telling It Like it Is: The ESG Emperor has No Clothes). The American Petroleum Institute has just rolled out a new voluntary reporting template to help with the E part of ESG...

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