ONE Future is a group of natural gas companies working together to voluntarily reduce methane emissions across the natural gas supply chain.
What is the ONE Future Coalition?
ONE Future is the trade name for “Our Nation’s Energy Future Coalition, Inc.,” which is a coalition of companies from across the natural gas industry focused on identifying policy and technical solutions that yield continuous improvement in the management of methane emissions associated with the production, processing, transmission and distribution of natural gas. If adopted widely, our system of emissions management could lower total methane emissions to less than one percent of gross production – the point at which the use of natural gas for any purpose provides clear and immediate GHG-reduction benefits as compared to any other fossil fuel in any other application.
What is the goal of ONE Future?
ONE Future is focused on demonstrating an innovative, performance-based approach to the management of methane emissions directed toward a concrete goal: to achieve an average rate of methane emissions across the entire natural gas value chain that is one percent or less of total (gross) natural gas production. (To put this in perspective, the EPA estimates that the natural gas industry’s average rate of methane emissions is approximately 1.3 percent of gross production today – an emissions rate which equates to roughly 360 billion cubic feet (BCF) per year.)
What has ONE Future achieved so far?
Specific recognition in the Obama Administration’s Strategy to Reduce Methane Emissions. The Obama Administration recently announced a series of steps it will take to reduce methane emissions. Included in the announcement, was a specific recognition of the ONE Future coalition: “EPA will work with DOE, DOT, and leading companies, individually and through broader initiatives such as the One Future Initiative and the Downstream Initiative, to develop and verify robust commitments to reduce methane emissions.
This week I was honored to deliver the lunch time address at World Oil’s Shale Tech conference in Houston, TX. I chose the topic, Why Methane Emissions Matter; with the explanation that natural gas is a foundational fuel for today and tomorrow. I talked about how methane emissions are one issue that the industry must address for natural gas to remain a competitive fuel in an increasingly low carbon economy.
I shared ONE Future’s founding principles, our members, our efforts to reduce methane emissions and most exciting – our latest progress report, where we surpassed the original goal we set for the organization. I expressed that one of the key drivers to our success was adopting a performance-based approach to reducing emissions. ONE Future’s results demonstrate that when companies have the flexibility to deploy resources and technology in the most cost-effective and efficient manner then results are more robust and achieved more quickly.
ONE Future Coalition (ONE Future) announced today that the National Energy Technology Laboratory (NETL) has released its report, Industry Partnerships and Their Role in Reducing Natural Gas Supply Chain Greenhouse Gas Emissions. The report analyzed the greenhouse gas (GHG) profile of the ONE Future facilities and also evaluated methane abatement options.
This report summarizes the impacts of natural gas compressor stations and reviews the current permitting process. Specifically, this report documents the regulations, rules, and laws which govern the siting and operation of interstate natural gas compressor stations, and how compliance with such regulations protects the health and safety of those living near a compressor station.
Today, as part of the Obama Administration’s ongoing commitment to take action on climate change and protect public health, EPA is announcing the founding partners of the ONE Future Emissions Intensity Commitment Option under the Natural Gas STAR Methane Challenge (Methane Challenge) Program.