Perverse outcome: Largest coal mines in Australia🇦🇺 can increase emissions and receive climate credits for doing so under Labor’s Safeguard Mechanism.
Is this a flaw or a feature?
The problem with under-reporting fugitive emissions is well known due to the baseline average methodology that does not include site measurements or satellite measurements.
#SafeguardMechanism #FugitiveEmissions #Coal #Australia #ClimatePolicy #ClimateCrisis
https://climateactionmerribek.org/2023/10/05/perverse-outcome-largest-coal-mines-can-increase-emissions-and-receive-climate-credits-for-doing-so-under-labors-safeguard-mechanism/
Perverse outcome: Largest coal mines can increase emissions and receive climate credits for doing so under Labor’s Safeguard Mechanism

New expert analysis has uncovered a perverse outcome of the Albanese Government’s Safeguard Mechanism Reforms which will allow at least ten large coal mines to actually increase their emissions, an…

Climate Action Merribek

Australian🇦🇺 Climate Change Minister Chris Bowen needs to adopt accurate fugitive emissions reporting methodology as part of regulations for coal and gas mines, to avoid the perverse outcome of some of Australia's largest Coal mines being allowed to increase emissions to 2030 and receive climate credits worth up to $180 million under the #SafeguardMechanism.

#FugitiveEmissions #Coal #GAS #Australia #FossilFuels #Methane #ClimateCrisis
https://climateactionmerribek.org/2023/10/05/perverse-outcome-largest-coal-mines-can-increase-emissions-and-receive-climate-credits-for-doing-so-under-labors-safeguard-mechanism/

Perverse outcome: Largest coal mines can increase emissions and receive climate credits for doing so under Labor’s Safeguard Mechanism

New expert analysis has uncovered a perverse outcome of the Albanese Government’s Safeguard Mechanism Reforms which will allow at least ten large coal mines to actually increase their emissions, an…

Climate Action Merribek

@takvera

Calculations are good as an initial estimate - and of course #FossilFuel companies are going to lowball that estimate - but especially in the case of leaks (which is where this #methane comes from: #FugitiveEmissions there is nothing like an actual measurement.

Methane emissions in the UK from oil and gas production greatly underestimated by a factor of 5: Study: UK substantially underestimates its methane emissions from oil and gas production -- and many other countries probably do too.

Gas is not a transition fuel.
#Methane #FugitiveEmissions #UK #ClimateCrisis
https://www.sciencedaily.com/releases/2023/01/230127131215.htm

UK substantially underestimates its methane emissions from oil and gas production -- and many other countries probably do too

Scientists develop a newer, more accurate method for calculating methane emissions from offshore oil and gas production that suggests the United Kingdom severely underestimates its greenhouse gas emissions. Researchers conclude that as much as five times more methane is being leaked from oil and gas production than reported.

ScienceDaily

@KC
Darwin LNG facility "assumed to return in 2025 with gas from the Barossa field, a relatively high carbon dioxide field when compared to the current gas source. As such, fugitive venting emissions are projected to increase from 2025."
See Australia's Emissions Projections 2022 https://www.dcceew.gov.au/climate-change/publications/australias-emissions-projections-2022

The Federal Government is subsidising at least $1.5 billion the Darwin LNG proect for LNG export and petrochemical production according to budget papers
#FossilFuels #FossilGas #Santos #BarossaProject #FossilFuelSubsidies #DarwinLNG #Tiwi #fugitiveEmissions