The Natural Gas Supply Association (NGSA), which last year called for carbon pricing to be enacted, has now adopted principles that commit members to reducing methane emissions.  

US methane emissions by source

Among other things, creating “an effective market mechanism could incentivize broader participation from all sectors” to reduce emissions, the national group said. NGSA members are some of the world’s largest gas producers and marketers, including BP plc, Chevron Corp., ConocoPhillips, ExxonMobil, Royal Dutch Shell plc and Total SE.

“We believe that reducing methane emissions is an essential component of a cleaner environment,” CEO Dena Wiggins said. “We’re committed to a clean energy future and believe that addressing methane emissions is necessary to making that vision a...