Top oil companies pledge 20% cut in methane emissions by 2025
Press conference at the Oil and Gas Climate Initiative (OGCI) in Paris. Photo: Eric Piermont/AFP/Getty Images
Why it matters: Per the Environmental Defense Fund, methane is 84 times more potent than carbon dioxide as a heat-trapping gas in the first two decades of its release. The announcement by OGCI is another sign of how America’s biggest oil companies, under pressure from investors and lawsuits, are joining most other U.S. corporations in working to reduce greenhouse gas emissions.