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Methane is responsible for 30% of all warming since the industrial revolution SOURCE : IEA

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60% of all methane activities are generated by human activities. SOURCE : NASA

Methane results in a 80x stronger greenhouse effect than CO2 for the first 20 years after emission

Years

Methane reduction is the single most important climate action we can take in the short term.

World Bank

If we want to limit near-term temperature rises, we need to get methane under control.

Dr. Paul Bledsoe

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The Global Methane Pledge calls for a 30% reduction in methane emissions by 2030, SOURCE : World Bank

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2% of global climate finance is directed towards methane emissions SOURCE : World Bank

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The global energy sector is responsible for 40% of human-caused methane emissions, most coming from oil and gas. SOURCE : World Bank

29 million abandoned wells globally. SOURCE : Reuters

Wells leak 2.5 million tons of methane emissions a year. SOURCE : Reuters

370,000 abandoned wells in Canada. SOURCE : McGill

Researchers estimate methane emissions from abandoned wells at 140 kilotonnes a year SOURCE : McGill

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Researchers found that Canada's abandoned wells emit 150% more methane than stated SOURCE : McGill

Emissions from Canada’s abandoned wells lack accurate measurement and have been undercounted  by industry and government.

McGill

In Alberta, the estimated clean up cost for abandoned wells is estimated by the Alberta Energy Regulator to be $33 billion, but internal documents put the real number at 88 billion, which critics say is still too low and likely to be more than $100 billion.

Financial Post

Alberta Energy Regulator Estimate public estimate for Clean-Up. SOURCE : FINANCIAL POST

Alberta Energy Regulator internal Docomuentation for cost of Clean-Up. SOURCE : FINANCIAL POST

Industry Expert Estimate for Cost of Clean-Up. SOURCE : FINANCIAL POST

Conventional oil is a sunset industry in Canada and most regions around the world, so every year, millions more wells stop producing and need to be reclaimed. In Canada, the number of orphan wells with no liable owner increases by 35% every year: 

CTV

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Number of Orphan Wells with no Liable Owner Annual Increase SOURCE : CTV

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This area of methane emissions is understudied and undermeasured, but in the US, leakage from inactive and abandoned wells is conservatively estimated at 4% of all oil & gas systems emissions 

Science Direct