Carbon Credits for Mitigating Orphan & Idle Oil Well Methane Emissions
Payne Institute Faculty Fellow Jim Crompton, Sustainable Finance Lab Program Manager Brad Handler, and Student Researcher Vandan Bhalala write about how it is well understood that permanently plugging old, abandoned oil and gas wells in the U.S. can make a big impact in our nation’s efforts to combat global warming. Through the Bipartisan Infrastructure Law, public funding has increased to properly plug many orphan wells. November 1, 2024.