wealthnationusa Perspective: France’s proposal to impose methane emissions limits on imported gas represents a crucial step towards addressing the significant contribution of methane to climate change. By leveraging its position as a major fossil fuel buyer, Europe can play a leading role in reducing global methane emissions. The expansion of EU rules to cover imports is essential to ensure a comprehensive approach to tackling methane leakage and incentivizing responsible practices throughout the supply chain. This move aligns with the global dynamic of combating climate change and positions the EU at the forefront of climate action. It is imperative for other countries to support France’s proposal and work towards a sustainable and methane-efficient energy future.
France has proposed that the European Union gradually impose methane emissions limits on gas imported into the 27-country bloc. Methane is the second biggest cause of climate change after carbon dioxide and has a far higher warming effect in the short term. Rapid cuts in methane emissions are crucial to limit global warming.
EU countries and lawmakers are negotiating a law that would require oil and gas producers in Europe to stop intentionally releasing methane and fix leaks in their infrastructure. The proposal is to also cover imported fossil fuels from 2026. While some EU countries have resisted this push, France is now on board and trying to rally support from other countries.
France proposes that from 2026, importers must prove that 70% of their fossil fuel imports comply with the EU methane rules, with the share increasing each year until 100% compliance is achieved in 2029. Germany and Poland have previously expressed their willingness to extend the EU rules to cover fossil fuel imports. However, Hungary and Romania have sought weaker rules, and some countries have questioned the feasibility of enforcing the EU standards abroad.
The EU imports over 80% of its gas from countries such as Norway, the United States, Algeria, and Russia. Most methane emissions associated with EU gas consumption occur outside the bloc. Expanding the EU rules to cover imports could potentially reduce global methane emissions in the oil and gas sector by up to 30%, according to the non-profit Clean Air Task Force.
Methane is set to be a significant topic at the upcoming UN’s COP28 climate summit in November. The United Arab Emirates, as the host of the conference, plans to launch a voluntary methane-cutting pledge from oil and gas firms.
