IEA Reports Near-Record Methane Emissions from Energy Sector

17 May 2024 CW Team

The International Energy Agency (IEA) has issued a concerning report indicating that methane emissions from the energy sector were near a record high in 2023. This revelation underscores the urgent need for intensified efforts to curb methane emissions, a potent greenhouse gas contributing to climate change.

According to the IEA report, methane emissions from the energy sector reached alarming levels in 2023, driven primarily by increased oil and gas production. The rise in methane emissions poses significant environmental and climate risks, exacerbating global warming and air pollution.

The findings highlight the critical importance of addressing methane emissions as part of global efforts to combat climate change and transition towards cleaner, more sustainable energy systems. Methane, although short-lived in the atmosphere compared to carbon dioxide, is far more potent in trapping heat, making it a major contributor to global warming.

The IEA report underscores the need for enhanced monitoring, regulation, and mitigation measures to reduce methane emissions across the energy sector. Strategies such as improved leak detection and repair, enhanced data collection and reporting, and adoption of cleaner production technologies are essential to curb methane emissions effectively.

Addressing methane emissions aligns with broader objectives of achieving carbon neutrality and advancing the goals of the Paris Agreement. Efforts to reduce methane emissions not only mitigate climate change but also yield co-benefits such as improved air quality and public health.

As countries strive to accelerate their transition towards cleaner energy sources, tackling methane emissions emerges as a crucial component of global climate action. The IEA's report serves as a timely reminder of the urgent need for concerted efforts to address this pressing environmental challenge.

Resources

26 Jun 2026

G R Infraprojects Founder Vinod Agarwal Passes Away

Vinod Kumar Agarwal, Founder and Promoter of G R Infraprojects, has passed away. He had been associated with the company since its inception in 1995. His vision, determination and entrepreneurial acumen laid the foundation for the company and helped shape its growth into a leading name in India’s infrastructure sector.Agarwal served as Managing Director from 2008 to 2021 and later as Chairman and Whole-time Director from 2021 to 2025. He stepped down from the office of Director on 10 November 2025. During his leadership tenure, the company moved through significant phases of growth, operatio..

Centre Prioritising Energy Security With Coal Gasification

Union minister for Coal and Mines G Kishan Reddy said the Centre is prioritising energy security through a strategic shift to coal gasification and has announced incentives totalling Rs 460 billion (bn) to support the effort. He said more than 35 companies will start coal gasification activities in India within two months and that the government is encouraging firms that bring technology to close the domestic technology gap. The minister described the initiative as aimed at reducing import dependence and developing indigenous capacity. India has the fifth-largest coal reserve in the world, and..

BHEL and Coal India Invest Rs 250 bn in Odisha Gasification

Bharat Heavy Electricals (BHEL) and Coal India (CIL) are jointly investing Rs 250 billion in a coal gasification project in Odisha, with the Prime Minister laying the foundation stone in Jharsuguda. Union Coal and Mines Minister G Kishan Reddy described the initiative as a transformative shift in coal utilisation that will open industrial avenues for the state. The project moves coal beyond conventional power generation to industrial feedstocks. Coal gasification will convert coal into synthesis gas, a versatile feedstock for chemicals, fertilisers and synthetic fuels, and the technology is ex..