Don’t turn a methane pause into a retreat

As Europe’s energy ministers meet in Brussels this week, they are weighing legitimate concerns around energy security, affordability, and the pressures facing businesses and households. The European Commission’s proposal to delay selected EU Methane Regulation requirements for fossil-fuel importers is now moving quickly through the legislative process. Ministers have an opportunity to keep any adjustment tightly focused, while preserving the policy stability that companies and investors need to plan, invest and manage risk over the long term. Investors need a stable framework against which companies can plan, manage risk and allocate capital with confidence. For investors, the question is not whether implementation should be practical. It should.