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13 Countries Join U.S. to Launch Methane-to-Markets Partnership
Washington DC - U.S. EPA Administrator Mike Leavitt has joined representatives from Argentina, Australia, Brazil, China, Colombia, India, Italy, Japan, Mexico, Nigeria, Russia, Ukraine, and the United Kingdom in signing a Terms of Reference formally creating the Methane-to-Markets Partnership.
This new global initiative serves to advance international cooperation on the recovery and use of methane as a valuable clean energy source. Methane to Markets has the potential to reduce net methane emissions by up to 50 million metric tons of carbon equivalent annually by 2015 and continue at that level or higher in the future. This would be the carbon equivalent of removing 33 million cars from roadways for one year or eliminating emissions from 50 500-megawatt coal-fired power plants.