Insight
Carbon emissions performance in US GoM: a low emitter in the crossfire
Report summary
Despite the growth in domestic production, the US still imports six million b/d of crude from foreign countries. If policy actions to increase royalties or ban leasing impact US GoM lowers future production, would we be replacing those barrels with higher intensity imports? Armed with recent updates and enhancements to the Emissions Benchmarking Tool (EBT, which profiles emissions for over 2,800 upstream assets globally) as well as EPA facility data, we set out to answer some simple questions. How carbon intensive are US GoM Deepwater projects? How does the region compare to the other countries the US still imports from? Which companies outperform?
Table of contents
- Executive summary
- Comparing to US imports
-
Assessing GoM deepwater emissions in more detail
- Could carbon leakage be an argument used in shaping policy change?
Tables and charts
This report includes 3 images and tables including:
- Emissions intensity for US crude importers
- Reported EPA emissions for select offshore platforms
- GoM deepwater 2021 emissions intensity by company
What's included
This report contains:
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