Methane: Useful fuel and feedstock, but potent greenhouse gas
Methane: Useful fuel and feedstock, but potent greenhouse gas
American Chemical Society Spring 2024
Division of Energy & Fuels ENFL
New Orleans, March 19, 2024
The current global market value of methane is $90 billion and is projected to grow at least 5% per year. Methane is a useful fuel and chemical feedstock, but it is a far more potent greenhouse gas than carbon dioxide, accounting for about 30% of the global warming since the industrial revolution. Unfortunately, the atmospheric concentration of methane is increasing faster than at any time since record keeping began in the 1980s. However, with a mean atmospheric lifetime of about ten years, control of methane emission can provide a near-term opportunity to mitigate global warming and meet the 2015 Paris Accord climate goals of the Intergovernmental Panel on Climate Change. This symposium is focused on methane sources and sinks, measurement technology, climate modeling, and market supply and demand.
ACS ENFL
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