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.
In a Natural Gas Intelligence article last week, statistics were cited from the New Mexico Oil and Gas Association (NMOGA) touting a 57% decline of methane emissions in the Permian Basin, over the last six years.
Concurrently, oil and natural gas production in this same time frame increased by 125%. The statistics come from EPA's national greenhouse gas reporting program, which drew data from 8,000 oil and gas facilities nationwide. Production data and ranking came from EIA.
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.