Oil and gas companies are not doing enough to decrease the release of methane gases, a main source of planet-heating emissions, the International Energy Agency (IEA) said in a new report released Monday.
In 2020, the fuel industries emitted about 5% of all global energy-related greenhouse gas emissions, the IEA report said.
The energy sector is the second-largest emitter of methane worldwide, following agriculture, according to the IEA’s Methane Tracker. The agency noted that methane emissions have decreased by 10% in the past year, but added it is mostly because of a decrease in economic activity during the COVID-19 pandemic.
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