Kinder Morgan Beats Methane-Emissions Goal
October 24 2019 - 6:21PM
Dow Jones News
By Mary de Wet
Kinder Morgan Inc. (KMI) said Thursday that it beat its goal of
achieving an intensity target of 0.31% of methane emissions per
unit of throughput for its natural gas transmission and storage
assets.
The goal, which was set for 2025, was surpassed for the second
year in a row in 2018, with a methane emission intensity rate for
these operations of 0.02%. The energy infrastructure company said
it had a methane emission intensity rate of 0.04% in 2017.
Kinder Morgan released the data as part of its 2018
Environmental, Social and Governance report on Thursday. The report
included the company's first 2degC resiliency assessment. The
scenario, as laid out by the International Energy Agency, aims to
limit the average global temperature increase to 2 degrees Celsius
by 2100.
Under the 2degC scenario, Kinder Morgan expects to benefit from
higher demand for natural gas to supplement variable power supply
from renewable generation.
The 2018 Environmental, Social and Governance report can be
found at
https://www.kindermorgan.com/content/docs/ESG_Report.pdf
Write to Mary de Wet at mary.dewet@dowjones.com
(END) Dow Jones Newswires
October 24, 2019 18:06 ET (22:06 GMT)
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