Integrating Technology and Incentives to Reduce Methane Emissions

Payne Institute Fellow Ben Gilbert and Mark Agerton discuss economic considerations with using remote sensing in methane emissions policy. A two-tiered monitoring system like the recently proposed Methane Emissions Reduction Act is a powerful tool to achieve emissions reductions. However, there are important considerations in how to design such a system. A two-tiered system could facilitate emissions pricing and responsible gas markets, reward innovative producers, and fund programs for further climate change mitigation while easing the impact of the energy transition on oil and gas communities.   March 16, 2021.