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Climate change

IPIECA established its Climate Change Working Group (CCWG) in 1988. Since then the group has monitored the climate science and policy discussions, engaging with international governmental bodies and other stakeholders. It now also focuses on providing best practice guidance on GHG emissions monitoring, reporting and management.

The Issue IPIECA activities Member actions

The issue

The growth in economic activity across the globe is generating greenhouse gas (GHG) emissions at an increasing rate. As a result, society has recognized the need to change the way it produces and uses energy. The oil and gas industry is participating in the challenge of reducing emissions, developing and implementing new technology, and grasping opportunities to provide new and sustainable energy options.

IPIECA activities

IPIECA participates in the Intergovernmental Panel on Climate Change (IPCC) and United Nations Framework Convention on Climate Change (UNFCCC), and provides IPIECA members with reliable and timely information about these and other international processes dealing with climate change.

The Climate Change Working Group is currently working on:

Past work has included:

 

Member action

IPIECA members are taking action to limit GHG emissions from their operations and to help their customers to use their products more efficiently. Common approaches include:

  • using energy more efficiently, improving drilling and production techniques, and investing in cogeneration facilities;
  • educating consumers and others to use petroleum products more efficiently;
  • deploying existing low carbon technologies, investing in new fuel technologies including renewables, hydrogen, biofuels and fuel cell technologies, and investing in cleaner fuels such as natural gas;
  • reducing venting, flaring and fugitive emissions from natural gas networks;
  • developing and implementing carbon capture and storage technology;
  • participating in voluntary market-based initiatives and agreements that seek cost-effective reductions across diverse operations; and
  • working with research organizations, governments and other sectors to develop innovative ways of supplying energy in an environmentally sustainable manner.

For more information, including case studies, see the section on ‘Meeting the challenge’.