A set of resources offering practical tools for governments looking to adopt greenhouse gas management plans for new petroleum field development projects, and to assess emissions risks from decommissioned or stranded oil and gas assets.
The world has to slash emissions by 42 per cent within the next seven years to keep the 1.5°C goal alive. Achieving this will require rapid decarbonisation in the oil and gas sector. Voluntary initiatives to this end can only go so far: it is essential that effective regulatory frameworks – national policies, laws, regulations and guidelines – are in place to minimise emissions.
News article on 30 November 2023 from thecommonwealth.org
For further reading, please visit thecommonwealth.org >> The Commonwealth Oil and Gas Decarbonisation/Net-Zero Regulatory Toolbox