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Beyond investing in startups, Factor[e] is de-risking them for other investors

Energy Sector Efficiency Could Help in the Fight Against Climate Change

Energy Sector Efficiency Could Help in the Fight Against Climate Change July 12, 2021 The fossil fuel industry, one of the biggest contributors to greenhouse gas emissions, can help in the fight against climate change by just clamping down on excess leakage from oil and gas production. The energy sector contributes to 70 metric tons of the polluting methane gas last year, or roughly equivalent to all the carbon dioxide produced by the European Union, but about 40% of methane emissions from oil and gas production can be easily eliminated, CBS News reported. Cutting down that number “is among the most cost-effective and impactful actions that governments can take to achieve global climate goals,” according to the U.S. Energy Information Agency.

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