Quantification of the Potential Gross Economic Impacts of Five Methane Reduction Scenarios
Abstract
Methane (CH4) is a potent greenhouse gas that is released from the natural gas supply chain into the atmosphere as a result of fugitive emissions1 and venting2 . We assess five potential CH4 reduction scenarios from transmission, storage, and distribution (TS&D) using published literature on the costs and the estimated quantity of CH4 reduced. We utilize cost and methane inventory data from ICF (2014) and Warner et al. (forthcoming) as well as data from Barrett and McCulloch (2014) and the American Gas Association (AGA) (2013) to estimate that the implementation of these measures could support approximately 85,000 jobs annually from 2015 to 2019 and reduce CH4 emissions from natural gas TS&D by over 40%. Based on standard input/output analysis methodology, measures are estimated to support over $8 billion in GDP annually over the same time period and allow producers to recover approximately $912 million annually in captured gas.
- Authors:
-
- National Renewable Energy Laboratory (NREL), Golden, CO (United States)
- Colorado State Univ., Fort Collins, CO (United States)
- Publication Date:
- Research Org.:
- National Renewable Energy Lab. (NREL), Golden, CO (United States)
- Sponsoring Org.:
- USDOE Office of Energy Efficiency and Renewable Energy (EERE)
- OSTI Identifier:
- 1215139
- Report Number(s):
- NREL/TP-6A50-63801
- DOE Contract Number:
- AC36-08GO28308
- Resource Type:
- Technical Report
- Country of Publication:
- United States
- Language:
- English
- Subject:
- 54 ENVIRONMENTAL SCIENCES; economic impact; carbon emissions; methane
Citation Formats
Keyser, David, Warner, Ethan, and Curley, Christina. Quantification of the Potential Gross Economic Impacts of Five Methane Reduction Scenarios. United States: N. p., 2015.
Web. doi:10.2172/1215139.
Keyser, David, Warner, Ethan, & Curley, Christina. Quantification of the Potential Gross Economic Impacts of Five Methane Reduction Scenarios. United States. https://doi.org/10.2172/1215139
Keyser, David, Warner, Ethan, and Curley, Christina. 2015.
"Quantification of the Potential Gross Economic Impacts of Five Methane Reduction Scenarios". United States. https://doi.org/10.2172/1215139. https://www.osti.gov/servlets/purl/1215139.
@article{osti_1215139,
title = {Quantification of the Potential Gross Economic Impacts of Five Methane Reduction Scenarios},
author = {Keyser, David and Warner, Ethan and Curley, Christina},
abstractNote = {Methane (CH4) is a potent greenhouse gas that is released from the natural gas supply chain into the atmosphere as a result of fugitive emissions1 and venting2 . We assess five potential CH4 reduction scenarios from transmission, storage, and distribution (TS&D) using published literature on the costs and the estimated quantity of CH4 reduced. We utilize cost and methane inventory data from ICF (2014) and Warner et al. (forthcoming) as well as data from Barrett and McCulloch (2014) and the American Gas Association (AGA) (2013) to estimate that the implementation of these measures could support approximately 85,000 jobs annually from 2015 to 2019 and reduce CH4 emissions from natural gas TS&D by over 40%. Based on standard input/output analysis methodology, measures are estimated to support over $8 billion in GDP annually over the same time period and allow producers to recover approximately $912 million annually in captured gas.},
doi = {10.2172/1215139},
url = {https://www.osti.gov/biblio/1215139},
journal = {},
number = ,
volume = ,
place = {United States},
year = {Thu Apr 23 00:00:00 EDT 2015},
month = {Thu Apr 23 00:00:00 EDT 2015}
}