How Will Oil and Gas Companies Get to Scope 3 Net Zero?

Fortuitously, following our rant on EQT joining the United Nations Oil & Gas Methane Partnership 2.0 (see EQT Receives United Nations "Gold Standard" Stamp of Approval), we happened across a summary of a newly published report by O&G consulting giant Wood Mackenzie on so-called Scope 3 emissions and how oil and gas companies are struggling to plan for tracking (and to reduce) Scope 3. This report confirms exactly what we are saying: Programs like the U.N.'s OGMP 2.0 will eventually (sooner rather than later) begin to put the squeeze on oil and gas to track and reduce Scope 3. The obvious conclusion is that our O&G companies will be forced to exit the oil and gas business altogether to remain compliant.

---

To view this content, log into your member account. (Not a member? Join Today!)