The UK, Japan, Germany and other countries on Friday signed a declaration aimed at supporting a global market for natural gas that’s been certified to have lower methane emissions, a potential boost to oil companies eager to monetize investments in capturing the planet-warming pollution.
The statement, signed in Belém, Brazil, just days before the start of the COP30 climate conference, also could benefit gas buyers that want to differentiate between the most- and least-polluting supplies of the fuel.