A reporter must make the final determination regarding their Subpart W applicability. The results of this tool are not legally binding. This tool is only a guide to help companies determine their Subpart W applicability.We seek to remain informed on climate science and we are committed to understanding both how climate change affects our business and how EQT impacts climate change.access to the tools, training and information our employees need to perform their jobs safely. Furthermore, the makeup of the future energy mix has significant environmental, social and economic ramifications for the United States and will influence future demand for — and consequently the price of — natural gas. We recognize that climate change is the preeminent sustainability issue affecting all industries today and in particular, natural gas producers like EQT.
6.2.1.As the largest natural gas producer in the United States, we are particularly conscious of methane emissions. In the subpart similarity calculation, two kinds of information are involved: matched feature pairs similarity and feature layout information similarity. Based on the successful match M and the feature similarity assessment model described above, the similarity between S Q and S C can be calculated. To support calculations.Subpart similarity calculation. Report the total amount of CO2 reported under Subpart W, 98.236 for the entire basin.In conjunction with publishing this report, we announced our establishment of the following aggressive emissions targets for our Production segment operations:Two Board-level committees contribute to setting our direction with respect to Environmental, Social and Governance (ESG) matters. As a result, our operations have one of the lowest GHG emissions intensities in the country, and our methane emissions intensity is significantly below the 2025 Production segment target set by the ONE Future Coalition, a group of 38 natural gas companies working together to voluntarily reduce the methane emissions intensity across the natural gas value chain to 1% (or less) by 2025.allow CCUS to mature as both a tool for mitigating greenhouse gas. We maintain strong management systems to effectively drive down our emissions and lessen our impact, and we maintain and monitor best management practices to minimize greenhouse gas (GHG) emissions while making improvements to reduce our climate impact. Subpart W Calculation Tool How To Optimally CurbAs investors continue to focus on climate change management and mitigation, demand for natural gas could decrease, reducing the price we receive for our product. In addition, the impacts of climate change also have the potential to affect EQT financially. Increased adverse weather events could affect our ability to operate on schedule, impact service providers and increase the difficulty of complying with regulations directed at mitigating weather events, such as run-off restrictions and operations in severe heat. Oversight of these initiatives is managed through our digital work environment and monitored by our ESG Committee.In recent years, the effects of climate change on the planet and economy have become more apparent, and increased stakeholder scrutiny of climate change management, in combination with rapidly changing regulations, have brought this topic to the forefront of the business environment.As the nation’s largest producer of natural gas, both the effects of climate change as well as the prevailing views on how to optimally curb the impact thereof have the potential to meaningfully impact EQT. Cerberus keyboard manualAdditionally, at the asset level, we are currently layering into our digital work environment the functionality to attribute emissions down to the well level, allowing us to optimize our capital expenditures by investing in the parts of our business that present the best return on investment for reducing greenhouse gas (GHG) emissions.Second, while we are positioning our company to evolve, our strategy is built on two key beliefs: At the corporate level, we built a proprietary emissions model that will be integrated with our financial model, allowing us to layer-in different cost-of-carbon scenarios in making capital allocation decisions. We have begun to better integrate climate change into our business strategy, incorporating emissions footprint considerations into the foundation of our business. To that end, we have spent considerable time and resources building a technological and cultural foundation within our company to allow us to adjust our corporate strategy as the balance of risks and opportunities fluctuate. Fuel combustion and natural gas-driven pneumatic equipment are currently the largest contributors to our Scope 1 emissions, and we therefore dedicate resources to improving these processes and equipment. We review our Scope 1 emissions inventory on a source-by-source basis to determine areas of opportunity and to monitor our overall impact.Our Scope 1 emissions primarily originate from our operations and fleet transportation. Reducing GHG, Methane and Other EmissionsOur emissions depend greatly on the type and amount of field activity conducted at any given time and vary on an annual basis. For more information on our corporate strategy, please see Sustainable Value Creation.While we have not yet conducted a formal scenario analysis to determine potential impacts of climate-related risks and opportunities, we plan to layer our bottoms-up analysis of natural gas supply over different demand forecasts and pricing scenarios to better understand our climate-related risks and opportunities.For more information about climate-related risks, see pages 17-19 of our 2020 Form 10-K.
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