America’s oil and natural gas companies have long considered the potential climate impacts of energy use an important environmental challenge. The API Climate Challenge Program was created to help the industry increase its efforts to address this issue.

Working with government, academic research groups, and others, member companies have been: 

• Increasing energy efficiency and promoting alternative energy use to reduce emissions,
• Establishing rigorous, industry-wide tools and procedures for estimating and tracking emissions; and
• Helping develop new technologies, such as hydrogen fuel cells and carbon capture technology, that can eliminate or sequester emissions.

The oil and gas industry is also investing billions of dollars on technologies that can reduce greenhouse gas emissions even more in the future.  These large investments are critical to provide the energy we will need years from now.  Companies are:

• Developing advanced energy technologies and new uses of clean-burning natural gas
• Researching, developing, and in some cases, marketing new energy alternatives, including solar, geothermal, biofuels, fuel cells, hydrogen power and wind energy 
• Developing “carbon capture and storage” technology to reduce carbon dioxide emissions by storing them underground.  In certain cases, injecting these gases for storage can also increase oil recovery