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Understanding the GHG intensity of Crude Oil: The challenge of averages
October 15 @ 12:00 pm - 1:00 pmFree
Governments, industry, investors, and other stakeholders are increasingly interested in understanding the implications of energy transition on the competitiveness of upstream oil and gas operations. Greenhouse gas (GHG) intensity, or emissions per unit of output, has become a key metric of interest. In response, oil and gas companies have increased disclosure, academia has produced more research, and various consultancies and non-governmental organizations are generating their own estimates. However, there are challenges with consistency which limit the comparability and, ultimately, the use of these data. This presentation will discuss the implications of Environmental, Social and Governance (ESG) pressure for greater disclosure of GHG emission intensity metrics in the oil and gas sector. It will discuss how the oil and gas industry is responding, the sources where estimates can diverge, and some key factors to consider when looking at GHG intensity estimates of oil and gas.
Presented by: Cathy Crawford, is the Director of GHG Accounting and Estimation at IHS Markit. Ms. Crawford focuses on understanding and estimating life-cycle GHG emissions of hydrocarbon extraction through to combustion. Her expertise includes GHG accounting and carbon management in the oil and gas sector, other industrial sectors as well as the built environment. Prior to joining IHS Markit, Ms. Crawford was a Senior Technical Advisor for the GHG Environmental Priority Area with Canada’s Oil Sands Innovation Alliance (COSIA). In this role, Ms. Crawford provided leadership in facilitating effective collaboration to accelerate environmental performance. She has an undergraduate degree in Mechanical Engineering from the University of Calgary, Canada and is currently based in Calgary.
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