Responsible Gas Initiative

Understanding the future
of natural gas in a low-carbon economy

Responsible Gas Initiative

Understanding the future of natural gas in a low-carbon economy

News

  • Minerals and the clean-energy transition: the basics 1/21/2022
    Minerals and the clean-energy transition: the basics The Payne Institute research is featured in this article and podcast about a lot of the talk in the energy world, and the minerals needed by clean-energy technologies and whether mineral supply problems might pose a threat to the clean-energy transition.  The US, like most developed countries, has become highly import-dependent in minerals.  January 21, 2022.
  • Ex-post analysis of energy subsidy removal through integrated energy systems modelling 1/15/2022
    Ex-post analysis of energy subsidy removal through integrated energy systems modelling V. Aryanpur, M. Ghahremani, S. Mamipour, M. Fattahi, B. ´O Gallach´oir, Payne Director Morgan D. Bazilian, and J. Glynn write about how energy subsidies can incentivise the overconsumption of energy resources and contribute to other economic or social distortions. In this paper, an ex-post analysis is presented that explores the extent to which electricity subsidy reform could have reduced Iran’s energy demand during the period 1984–2017. It also quantifies the techno-economic and environmental benefits that could have been achieved through such reforms.  January 15, 2022.
  • Gas future hangs on emissions data transparency 1/11/2022
    Gas future hangs on emissions data transparency Payne Institute Communications Associate Brooke Bowser and Director Morgan Bazilian write about how monitoring, certification and data science can sustain the fuel’s licence to operate.  One of the biggest challenges impeding progress is not financial or technological, but rather a lack of rigorous and transparent data. Advanced data science methods are also essential, as the raw data itself is not sufficient for decision-making. Independent monitoring efforts are helping regulators to form accurate guidelines.  January 11, 2022.
  • 3 lessons from the energy crisis 12/17/2021
    3 lessons from the energy crisis Payne Institute Researcher Brad Handler and Director Morgan Bazilian write about how understanding the cause of tight supply and high prices is not as simple as blaming Biden, or windmills, or oil and gas producers.  The recent tightening of energy markets and ensuing price spikes are being felt globally. These conditions are driven by a multitude of factors related to fossil fuel demand and supply. Fingers are being pointed at producers, at the transition to clean energy sources, and at government.  December 17, 2021.
  • F1000 Research Energy Gateway 12/15/2021
    F1000 Research Energy Gateway Payne Institute Director Morgan Bazilian is proud to serve as a advisor for the F1000Research Energy Gateway.  The Energy gateway aims to provide stakeholders across academia, industry and policy with a space to disseminate work related to all areas of energy research. By providing fast, open publication alongside access to underlying data the gateway looks to facilitate the rapid and transparent sharing of energy research. This research includes a broad range of topics and interdisciplinary areas such as renewable energy, energy storage materials, energy efficiency and conservation, and energy justice, economics and policy, to name just a few.  December 15, 2021. 
  • THE EMERGING GLOBAL NATURAL GAS MARKET AND THE ENERGY CRISIS OF 2021-2022 12/14/2021
    THE EMERGING GLOBAL NATURAL GAS MARKET AND THE ENERGY CRISIS OF 2021-2022 Payne Institute Fellow Alex Gilbert, Director Morgan D. Bazilian, and Samantha Gross write about the the ongoing energy crisis of late 2021 looks sure to move into 2022. It has already had wide-ranging impacts on economics, the environment, and security. This essay considers a few of the tensions arising for government policy, investors, and consumers. The crisis has three distinct elements: COVID-19 and supply chain disruptions, greater interconnectedness of natural gas markets, and signs of energy pricevolatility during the energy transition away from fossil fuels. December 14, 2021.
  • Everything you wanted to know about gas prices but were afraid to ask 12/10/2021
    Everything you wanted to know about gas prices but were afraid to ask Payne Institute Fellow Brad Handler on a podcast discussing what’s going on with gas prices, and is the Biden administration to blame? Aaron, Kate, and Jesse are joined by Brad Handler of the Payne Institute for Public Policy at the Colorado School of Mines, who explains why gas prices spiked this summer, and what comes next. December 10, 2021.
  • Large-Scale Controlled Experiment Demonstrates Effectiveness of Methane Leak Detection and Repair Programs at Oil and Gas Facilities 12/9/2021
    Large-Scale Controlled Experiment Demonstrates Effectiveness of Methane Leak Detection and Repair Programs at Oil and Gas Facilities Jiayang (Lyra) Wang, Brenna Barlow, Wes Funk, Cooper Robinson, Adam Brandt, and Payne Institute Fellow Arvind P. Ravikumar write about the importance of reducing methane emissions from oil and gas operations as a near-term climate action is widely recognized. Most jurisdictions around the globe using leak detection and repair (LDAR) programs to find and fix methane leaks. In this work, we empirically evaluate the efficacy of LDAR programs using a large-scale, bottom-up, randomized controlled field experiment across ~200 oil and gas sites in Canada. We find that tanks are the single largest source of emissions, contributing to nearly 60% of total emissions. The average number of leaks at treatment sites that underwent repair reduced by ~50% compared to control site.  December 9, 2021.
  • Staying-the Course Despite Higher Prices 12/9/2021
    Staying-the Course Despite Higher Prices Payne Institute Fellow Brad Handler has prepared a quarterly report on how restoring attractiveness to shareholders continues to dominate U.S. public oil and natural gas (O&G) industry mindset. Thus far, company commentary for 2022 is to “stay the course,” i.e., (1) maintain spending at current levels despite commodity prices that suggest they can earn (and therefore spend) much more money and (2) give back more money to shareholders than they have historically. That leaves the expectation that private oil companies will continue to raise their spending faster than their public peers – and that U.S. oil production will only gradually continue to recover. This discipline, as well as operating efficiencies, also imply that industry hiring recovery is likely to remain muted.  December 9, 2021.
  • US industry and government must work together on abandoned wells 12/9/2021
    US industry and government must work together on abandoned wells Payne Institute Director Morgan Bazilian, Fellow Brad Handler, and Communications Associate Brooke Bowser write about how dealing with end-of-life oil and gas wells has costs and challenges, but a joined-up approach should also offer benefits.  Millions of abandoned oil and gas wells are scattered across the US, leaking greenhouse gases (GHGs) and contaminating the local environment. A combination of tightening rules on oil companies to ensure the safe retirement of these wells and a government-funded programme to address older, undocumented wells provides a path forward. December 9, 2021.
Payne Institute for Public Policy