If you chop out the euphemisms and rationalization, it's a mandatory bribe quota.
https://www.opensecrets.org/overview/index.php?cycle=2018&di...
It all comes down to creating financial incentives. IIRC, Obama's proposed fracking regulation (that most presumed Hilary would run with) called for regular visits of sites. Sadly it never passed.
Once Trump undid the only thing Obama got through, federal land methane restrictions, companies had no incentive to worry anymore. https://www.nytimes.com/2018/02/12/climate/trump-methane-rul...
I know what you are saying, but I want to add that it's insane: The owners of the companies have to live in this world, as do their decedents. Also, they are not all sociopaths who don't care if people die and suffer.
I think it's a mistake to think they cannot be persuaded otherwise. Perhaps it's the powerful propaganda machine that runs through the WSJ and other business publications, but whatever the cause, it's a problem that I think can be overcome.
I work with Oil and gas execs. They are almost uniformly very conservative and do not believe in any aspect or climate change, or taking activity to mitigate the effects.
They are not the receivers of propaganda, they are the creators of propaganda.
(Mysteriously, the methane continues to leak, and oil & gas continues to lobby against requirements to fix the leak)
As a secondary improvement, cheaper monitoring equipment might make the political fight easier to win.
Another improvement, the gas is owned by the public, and I don't believe royalties are paid at the pad but rather further down the line- after the leaks. O&G has little incentive to avoid wasting resources that "belong" to someone else that they have not paid a dime for. Just pump more.
That's not true in any regime I'm aware of. Ownership and royalties are accounted for at the zone, which is well before the wellhead, let-alone downstream. Any loss between where the gas is produced and the final sale is known as "shrinkage" which can be allocated to different buckets, most commonly fuel and flaring. I'm not sure where leakage would be accounted for, probably "Transmission" or "Distribution".
What's criminal is that unaccounted for gas (known as UAF) is widely measured on the end-user distribution network, so I'd be very surprised if Oil Co. didn't have all the information they need to figure out loss from the wellhead. They either can't be bothered to amalgamate the data or just don't want to know the answer (or do and keep it secret).
Without their application to tight oil and gas fields, the world would be firmly on the downslope of the global Hubbert peak right now.
Ban it at your peril.
While the US refuses to take Sirian migrants.
For decades people were saying we need to end reliance on foreign oil. Well, we've ended it. What has that gotten us besides underpriced gasoline?
Then the US likes to point out how "unfairly" they are being treated on trade ...
I don't see much crisis going on with solar, efficiency improvements, or even coal and gas...
Natural gas 409,806GWh
Wind 104,801GWh
Wind is significant.
https://renewablesnow.com/news/wind-solar-farms-produce-10-o...
https://www.nytimes.com/2018/06/21/climate/methane-leaks.htm...
Instead, you can find industry groups quoted in that article complaining about the study.
What happens often is that s small player seizes the opportunity and then gets bought.
Maybe there are regulations that keep smaller and / or separate entities from acting in this regard.