Methane is the primary component of natural gas. When it is leaked, flared or vented by the oil and gas industry, New Mexico loses as much as $244 million worth of natural gas per year and tens of millions more in tax and royalty revenue for our education system.
Methane is a powerful greenhouse gas – 86 times more potent than CO2 over 20 years.
When methane gas leaks or is vented, it also releases dangerous carcinogens and compounds that contribute to smog and air pollution.
Reducing methane emissions from the oil and gas sector is the fastest, most cost-effective way to slow climate change in the short term.