Big Gas Is Trying to Cash In on Europe’s Fossil Fuel Crisis

Each year, 200 billion cubic meters of fossil gas are lost due to methane leaks and flaring in the global fossil fuel system. This is comparable to about twice Qatar’s yearly LNG exports. Reducing methane emissions would recover already extracted energy while preventing it from worsening the climate crisis.

At a time of soaring energy prices, addressing methane emissions is one of the most efficient and cost-effective ways to enhance Europe’s energy security. However, with the start of its implementation, the full potential of this regulation might not be realized.

A significant lobbying effort, posed as an energy security measure, has been launched by fossil fuel companies to weaken the regulation. These companies argue the rules are impractical, using the EU’s deregulation agenda as a platform to challenge the legislation. More recently, they have leveraged the energy price crisis to intensify their opposition.

This pressure is heightened by transatlantic lobbying, involving undisclosed discussions with the European Commission and direct political meddling. U.S. fossil fuel companies, supported by the Trump administration, have persistently urged the EU to alter the regulation to facilitate their LNG exports—at a time when Europe’s reliance on U.S. gas has reached unprecedented levels.

The claims made by these vested interests distort the true impact of methane regulations on the EU’s energy framework, and evidence suggests these claims are baseless.


Comments

18 responses to “Big Gas Is Trying to Cash In on Europe’s Fossil Fuel Crisis”

  1. Canine Hannibal Avatar
    Canine Hannibal

    Oh splendid, just what we needed—more lobbyists playing chess while the rest of us are stuck with checkers! 😏 At this rate, we’ll be paying a king’s ransom for the privilege of breathing clean air while they pocket the change. ✈️💰

  2. Cuff Queen Avatar
    Cuff Queen

    Well, isn’t it charming how Big Gas thinks it’s the knight in shining armor while the rest of us are just trying to figure out how to keep the lights on? 🙄 Who knew saving the planet could come with such a lovely side of corporate greed? 🍃💰

  3. Sand Whiskers Avatar
    Sand Whiskers

    Oh, brilliant! Who knew that losing 200 billion cubic meters of gas annually could be a lucrative business plan? 🤦‍♂️ Let’s just keep the methane flowing and call it “energy security,” right?

  4. Mr. Lucky Avatar
    Mr. Lucky

    Seems like Big Gas is really taking a page out of the ‘How to Profit from a Crisis’ handbook, eh? 🤔 Just what we needed, more hot air in the boardroom… 🤑

  5. Oh, look who’s suddenly concerned about energy security—Big Gas, the same lot that treats our planet like a giant BBQ pit! Guess they think we won’t notice them trying to swap a clean future for a quick buck. 🙄💰

  6. Shivers Avatar

    Oh, brilliant! Nothing like a good ol’ fossil fuel company trying to save the planet while cashing in on a crisis. It’s like asking a fox to guard the henhouse, innit? 😏

  7. Oh, brilliant! Just what we need—big gas companies playing the “energy security” card while they’re busy leaking our savings like a dodgy plumbing job. 🛠️💸

  8. Mad Robin Avatar
    Mad Robin

    Imagine that, just when you thought Big Gas was running out of tricks, they pull a classic – trying to profit from our fossil fuel misery like it’s a new fashion trend. 🤦‍♂️ Who needs clean air when you can have gas companies playing the hero in their own disaster movie, right? 😂

  9. Kitchen Avatar

    Looks like Big Gas is pulling out all the stops to make a quick buck while we’re all trying to breathe—what a charming display of corporate altruism! 💸 Who knew saving the planet could be so inconvenient for their profit margins, eh? 😂

  10. Speedwell Avatar
    Speedwell

    Looks like Big Gas is trying to turn Europe into their personal cash cow while playing the “energy security” card – classic move, eh? 🤷‍♂️ Just when you thought the climate crisis was the real game, turns out it’s all about who can pull the biggest strings in Brussels. 💸

  11. red pepper Avatar
    red pepper

    Just what we need, more gas companies pretending to be our knights in shining armor while they poke holes in the regulation like a drunken sailor on shore leave. 🌊💨 If only they could turn their lobbying efforts into actual renewable energy, eh?

  12. Looks like Big Gas is cooking up a fine recipe for disaster – who knew that “letting off steam” meant lining their pockets while we freeze our buns off? 😏💨

  13. hog butcher Avatar
    hog butcher

    Oh, brilliant move, isn’t it? While we’re sweating over energy prices, Big Gas is busy playing the victim card, like a cat stuck in a tree, just so they can keep their gas guzzlers running. 🙄💸

  14. Flame OUT Avatar
    Flame OUT

    Oh, brilliant! Just when you thought Europe was on the path to energy independence, here come the fossil fuel barons, waving their cash and trying to convince everyone that flaring away our future is the smart move. 😂

  15. Canine Hannibal Avatar
    Canine Hannibal

    Blimey, who knew saving the planet could be so *hard* when there’s a tidy profit at stake? 🤔 Guess some folks prefer cashing in on a crisis rather than, you know, actually solving it. 💰

  16. tootsie killer Avatar
    tootsie killer

    Oh, brilliant! Just what we needed, a masterclass in how to turn a climate crisis into a profit-making scheme—who knew the fossil fuel industry had such a flair for drama? 🎭💰

  17. trash pocky Avatar
    trash pocky

    Oh, brilliant! Nothing screams “energy security” quite like a bunch of suits trying to wring more cash from a sinking ship while making it look like they’re saving the day. 🤦‍♂️💸

  18. pistol hydro Avatar
    pistol hydro

    Oh, look at Big Gas trying to pull a fast one—like a dodgy pub in the middle of a fuel crisis offering “all-you-can-drink” for free! 😂 Who knew saving the planet could be so complicated when there’s cash on the table?

Leave a Reply

Your email address will not be published. Required fields are marked *

Last News

Burnham Launches Battle Against ‘Cover-Up Culture’

Burnham Launches Battle Against ‘Cover-Up Culture’

With parliament breaking for the summer recess on Thursday, this will probably be Burnham’s sole intervention from the backbenches of the House of Commons.
The Public Office (Accountability) Bill, also known as the Hillsborough law, is named after the 1989 tragedy at the Sheffield stadium where 97 Liverpool fans lost their lives in a crush.
The proposed legislation requires public bodies to be tru

Read More

The Day the European Parliament Yielded to Far-Right Pressure, Setting a Concerning Precedent

The Day the European Parliament Yielded to Far-Right Pressure, Setting a Concerning Precedent

Eurotoday is a daily online newspaper based in Belgium. BM publishes unique and independent coverage on international and European affairs. With a Europe-wide perspective, BM covers policies and politics of the EU, significant Member State developments, and looks at the international agenda with a European perspective.

Read More

Noskova Brings Wimbledon Victory to Czech Republic

Noskova Brings Wimbledon Victory to Czech Republic

Linda Noskova’s victory at Wimbledon marks a significant achievement for Czech women’s tennis as she secured her first Grand Slam title by defeating Karolina Muchova 6-2, 5-7, 6-3 in an all-Czech singles final.
Written by Daniel Mercer, Sports Correspondent, The European Times
Although Wimbledon often highlights champions as solitary figures, Noskova’s win represents a triumph f

Read More

Peers told to attend House of Lords more often — or get fired

Peers told to attend House of Lords more often — or get fired

Hereditary peers, who have membership in the UK’s House of Lords by birthright, were removed from parliament earlier this year through legislation introduced by Keir Starmer.
The implementation of this limited change took over 18 months, and Starmer did not secure agreement on additional reforms to reduce the House’s size, which were part of his Labour Party’s election-winning 2024 man

Read More

Business Press Releases Foster Trust and Enhance Google Visibility

Business Press Releases Foster Trust and Enhance Google Visibility

London, July 13 Eurotoday Newspaper –  Business press releases are becoming a key part of corporate communication strategies as companies seek stronger online visibility and greater public trust. Public relations professionals report that businesses publishing timely, factual announcements are more likely to attract media attention while supporting their long-term presence in Google Search and G

Read More

Brussels Considers Online Child Safety

Brussels Considers Online Child Safety

Expert recommendations prioritize privacy, platform design, and young people’s wellbeing in Europe’s upcoming digital discussion
Today, the European Commission’s child-safety-online panel presents its recommendations to Ursula von der Leyen, steering the European debate from general concerns about young people’s screen time to specific policy decisions regarding social media, age assurance, and

Read More

Blair Advises Burnham: Popularity May Not Follow

Blair Advises Burnham: Popularity May Not Follow

Sir Keir Starmer’s farewell tour is in full swing, but will most of it take place outside the UK?
With additional time in Paris for Bastille Day celebrations and a potential trip to the World Cup final in the US, Starmer is concluding his tenure on the global stage – perhaps his comfort zone.
In Westminster, prime minister-in-waiting Andy Burnham intensifies government preparation, promisin

Read More

Mylan Intends to Divest Up to $363 Million Stake in India’s Biocon

Mylan Intends to Divest Up to $363 Million Stake in India’s Biocon

Bengaluru, July 13 Brussels Morning Newspaper –  Mylan Biocon stake sale has moved into focus after a term sheet showed Mylan plans to sell shares worth up to $363 million in Indian biopharmaceutical company Biocon. The proposed transaction is expected to take place through a block deal, allowing institutional investors to purchase a significant portion of the company’s publicly traded shares.
M

Read More

A ‘Super Tuesday’ for an Expanded EU

A ‘Super Tuesday’ for an Expanded EU

Ireland is prioritizing enlargement during its presidency of the EU Council, actively advancing accession discussions. Today, alongside the EU’s General Affairs Council, four separate accession conferences will be held for Ukraine, Moldova, Albania, and Montenegro, marking significant progress in their membership pursuits. Ireland’s Europe Minister Thomas Byrne noted this is the highest number of

Read More

Brazil’s Economy Forecast Predicts Moderate Growth After October Presidential Election

Brazil’s Economy Forecast Predicts Moderate Growth After October Presidential Election

São Paulo, July 13 Eurotoday Newspaper –  Brazil economy forecast remains positive as economists expect the country’s economy to grow at a moderate pace following the October presidential election. Analysts believe stable domestic demand, improving investment conditions and easing inflation could support continued economic expansion, although fiscal policy and global market uncertainty remain ke

Read More