US downstream faces emissions scrutiny
Biden’s low-carbon pledge could mean tighter regulations and punishment for serial emitters
US environmental policy has dramatically shifted under Joe Biden, with the country rejoining the Paris Agreement and the president pledging to halve emissions by 2030. The energy sector’s entire value chain will need to be transformed to achieve these ambitious decarbonisation goals, meaning the downstream sector will not go unscathed. Tackling methane emissions is among the most crucial challenges to both the Paris Agreement and domestic climate ambitions. These emissions contribute around 40pc to the global heat-trapping effect of greenhouse gases, and methane’s 20-year global warming potential is about 84 times that of CO₂. “There is much more bilateral support for reducing methane

Also in this section
24 July 2025
The reaction to proposed sanctions on Russian oil buyers has been muted, suggesting trader fatigue with Trump’s frequent bold and erratic threats
24 July 2025
Trump energy policies and changing consumer trends to upend oil supply and demand
24 July 2025
Despite significant crude projections over the next five years, Latin America’s largest economy could be forced to start importing unless action is taken
23 July 2025
The country’s energy minister explains in an exclusive interview how the country is taking a pragmatic and far-sighted approach to energy security and why he has great confidence in its oil sector