How the Oil & Gas Sector can actively engage in GHG emission reductions under a post 2012 climate regime?

The project financed by the Ministry of Foreign affairs in Norway, evaluated alternative policy regimes for monetization of emission reductions in the petroleum sector post-2012. The project included the following tasks:

  • Assessment of GHG emission sources,
  • Comparison of GHG emission inventory standards and reporting practices
  • Review of the abatement costs studies,
  • Review of relevant regulatory practices and incentive structures