Carbon Markets: Compliance and Voluntary, and Why Prices Differ
Compliance carbon markets price a legal obligation and voluntary ones a claim. RGGI allowances cleared at $37.65 in September 2026, up 69 percent in a year.
Methane is a potent greenhouse gas, and oil and gas is one of its major sources. How it is measured matters: estimates built from emission factors, site measurements and satellite observations can disagree, and each reporting framework treats that gap differently.
These posts cover measurement-informed inventories and OGMP 2.0, what satellites such as TROPOMI can and cannot see, how methane intensity is calculated, how global warming potentials convert methane to CO2e, and how carbon credits and markets rely on those numbers.
The posts compare the main frameworks side by side, explain the vocabulary each one uses, and point out where a headline number depends on a methodology choice that is easy to miss. Where a calculation is involved, such as converting methane to CO2e, the free tools do the arithmetic with the factor and its source shown.
23 posts in this topic
Compliance carbon markets price a legal obligation and voluntary ones a claim. RGGI allowances cleared at $37.65 in September 2026, up 69 percent in a year.
Controlled-release testing shows what methane leak detection actually finds. Why the surveyor matters as much as the camera, and what a survey cannot see.
Default emission factors are Subpart W's last-ranked method for natural gas pneumatic devices, and are barred outright at sites with a supply-line flow meter.
Colorado Regulation 7 no longer has a Part D. What Part B requires, which sections are statewide, and how the intensity verification factor is set.
The IRA methane charge was not repealed. Its rule was disapproved and the charge moved to 2034. What still binds oil and gas operators, provision by provision.
Which greenhouse gases oil and gas emits, and why the same tonne of methane becomes three different CO2e numbers depending on which published basis you use.
Oil and gas carbon credits come from plugging wells and repairing leaks. The baseline leak rate, the crediting period and the GWP basis set the volume.
NMED 20.2.82 NMAC requires heightened LDAR surveys and equipment controls for New Mexico oil and gas facilities during the May through October ozone season.
Which air permit applies depends on your potential to emit. The Title V and PSD thresholds, the oil and gas aggregation rules, and where the numbers come from.
AP-42 assumes 98% destruction and publishes no methane factor. What Subpart W requires instead, plus measured values from 99.8% down to 91.1%.
Stack testing measures pollutant concentration and flow at one outlet under representative conditions. What the methods cover and what a result cannot show.
AP-42 emission factors for boilers, turbines, engines, and flares, with the A to E ratings, plus the operating assumption built into every factor.
OGMP 2.0 Level 4 requires source-level measurement. Level 5 adds site-level reconciliation. What each level demands of your emissions data, and why.
Standing, working, and flashing losses are the standard tank emissions calculation. What the formulas cover, where they stop, and what failure adds.
EPA revised OOOOb/OOOOc temporary flaring and NHV monitoring, effective June 8, 2026. Most flares and combustion devices are now exempt from NHV monitoring.
Abandoned and orphaned gas wells are a methane and cleanup-liability concern. Learn what they are and how Atlas maps them, with New Mexico as the live example.
A mechanistic model of TEG dehydrator emissions finds gas-assisted glycol pumps produce about 90% of uncontrolled methane, reframing control priorities.
Southern Permian oil (RRC District 7C) jumped 14% to 186M barrels in 2024. Compliance and ops implications for associated gas and methane intensity.
How Colorado Regulation 7 Part B Section VIII scales ONGAEIR methane by CDPHE's 2025 verification factor of 1.164, plus the intensity targets through 2030.
How Colorado operators replace the state default verification factor with an operator-specific one under Reg 7 Part B Section VIII, and when it pays off.
Different methane intensity formulas produce different results for the same facility. CATF's 2026 report shows why denominator choice shapes EU compliance.
TROPOMI satellite data shows US oil and gas methane roughly double what facility inventories report. What drives the gap and why it matters.
EPA moved the RY2025 GHGRP filing deadline to October 30, 2026, while a separate proposal to suspend Subpart W reporting through 2034 remains pending.