Thursday, October 15, 2009

Blog Action Day - Saving the Environment Can Save $ Too

Well this seems right up my alley, strangely I knew nothing about it until 10 minutes ago and now there are but a scant two hours left to get on board with this years theme and blog about climate change.

Luckily I was already planning on steering folks towards today's NYT piece on gas leaks in natural gas processing and delivery. It seems that ton of methane, the major part of what we commonly refer to as natural gas and a really scary greenhouse gas worse than CO2 scary, is pretty much constantly escaping. The leaks go largely unnoticed since they are only visible through an infra red camera and apparently most of the industry isn't aware of or doesn't care about the problem. Not only is this bad for the environment, it's bad for business as any lost gas costs the companies extracting and transporting it.

As Revkin and Krauss point out this ought to be a no brainer, patch the leaks, save gas, make more money, save the environment and score some good PR all in one fell swoop. At least a few companies have already gotten with the program, but it would make sense for everyone to be doing it. And if the companies don't come to that conclusion on their own this would be one of those situations where regulation forcing innovation really would be a good thing for everyone involved.

Visit the Blog Action Day website.

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