Reducing oil and gas emissions could create more NM jobs, study says

Cutting methane emissions from the oil and gas industry could create thousands of jobs across the country and in oil-producing states like New Mexico which is home to one of the most prolific fossil fuel regions in the Permian Basin.

A report from the Environmental Defense Fund (EDF) released on Monday showed the methane mitigation industry nearly doubled in size since 2017 when oil production began booming in the basin of southeast New Mexico and West Texas, lead by the expanded use of hydraulic fracturing and horizontal drilling.

The report studied 200 companies dedicated to reducing emissions through products and services at more than extraction 750 locations across the U.S.

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Methane, a greenhouse gas, was noted in the report as responsible for 25 percent of global warming and is a main component of extracted natural gas.