Decline in Permian Basin Methane Emissions Equaled the Annual Carbon Emissions Avoided by Every Electric Vehicle in the United States, New S&P Global Commodity Insights Analysis Finds

Analysis provides the most accurate public, basin-wide estimate of methane emissions for the Permian HOUSTON, Dec. 23, 2024 /PRNewswire/ -- Annual methane emissions stemming from oil and gas production operations in the Permian Basin decreased 26% in 2023 from the previous year—equal to the total amount of carbon emissions avoided by every electric vehicle on the road in the United States that year, according to a new analysis by S&P Global Commodity Insights. The data show that methane emissions from upstr ...