7. On Hold 19 December 2024
1. Energy (renewable/non-renewable)
CN0107
Under Development
The proposed new methodology applies to project activities that plug and abandon wells that leak methane into the atmosphere. The project activity entails measuring methane leak rates, abatement of the leak by plugging and abandonment, and ongoing confirmation that the leak abatement is successful.
SUMMARY OF DEVELOPMENT
The draft methodology was submitted by Green Generations LLC. and PipeWire Inc (external), and is currently on hold as per Section 2.1.5 of the VCS Methodology Development and Review Process, v4.4 (PDF).
Verra will consider resuming the development once solutions can be found to address market viability of the methodology.
Verra will reassess whether to resume the development of this methodology in Q3 2025.
Stakeholders interested in collaborating during methodology development or developing projects that this methodology might enable once published are encouraged to contact methodologies@verra.org. Please include the Methodology Development ID# CN0107 in the subject line.