Net zero Scopes 1 – 3 (click for larger version)
EQT Corporation, the largest Marcellus/Utica producer by the volume of M-U-specific molecules produced, published its 2025 Sustainability Report, titled "Built for What's Next," yesterday. According to the announcement and the report, this is the second consecutive year EQT has sustained "net zero" Scope 1 and Scope 2 greenhouse gas emissions across its upstream operations. What, exactly, does that mean? We’ll say right up front that we’re not fans of net zero nonsense. However, shale drillers (and pipeline companies) must engage in the market as it is, not as we’d like it to be. If customers (utility companies, power companies, etc.) insist on buying natural gas from “low carbon” and “net zero” producers and transporters, then we have to play along.
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